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06-20-23 City Council Agenda June 20, 2023 — 6:30 PM Council Chambers Hybrid Meeting 1.Call to Order 1A.Pledge of Allegiance and Land Acknowledgement 1B.Roll Call 1C.Receive Award for the Certificate of Achievement for Excellence in Financial Reporting 2.Additions and Corrections to Agenda 3.Consent Agenda Approval of Consent Agenda - All items listed under this heading are considered to be routine by the City Council and will be enacted by one motion. There will be no discussion of these items unless a Council Member so requests in which event the item will be removed from the general order of business and considered in its normal sequence on the agenda. 3A.Approval of City Council Minutes: 3A.1.Minutes of the Regular City Council Meeting of June 6, 2023 3B.Approval of City Check Registers 3C.Bids, Quotes, and Contracts: 3C.1.Approve Contract for Scheid Park Shelter Roof Replacement with KRJ Incorporated 3C.2.Approve Contract for Traffic Signal Maintenance with Traffic Control Corporation 3C.3.Approve Contract with Intereum for Audio and Video Improvement for the City Hall Council Conference Room 3C.4.Approve Purchase from AIM Electronics for the Electric Sign Board Replacement for City Hall CITY COUNCIL REGULAR MEETING AGENDA City Council meetings are being conducted in a hybrid format with in-person and remote options for attending, participating, and commenting. The public can make statements in this meeting during public comment sections, including the public forum beginning at 6:20 pm. Remote Attendance/Comment Options: Members of the public may attend this meeting by watching on cable channel 16, streaming on CCXmedia.org, streaming via Webex, or by calling 1-415-655-0001 and entering access code 2464 595 2288 and webinar password 1234. Members of the public wishing to address the Council remotely have two options: Via web stream - Stream via Webex and use the ‘raise hand’ feature during public comment sections. Via phone - Call 1-415-655-0001 and enter meeting code 2464 595 2288 and webinar password 1234. Press *3 to raise your hand during public comment sections. City of Golden Valley City Council Regular Meeting June 20, 2023 — 6:30 PM 1 3D.Grants and Donations: 3D.1.Adopt Resolution No. 23-045 Accepting Donations for the 2023 Bike Rodeo Outreach Event and Promotional Items from the Golden Valley Crime Prevention Fund 3D.2.Adopt Resolution No. 23-046 Accepting a Donation for the 2023 Summer Concert Series at Brookview Park from the Golden Valley Federated Women's Club 3D.3.Adopt Resolution No. 23-047 Accepting a Donation for a Park Bench to be Located at Brookview Park Honoring Heather Reichmalmberg 3E.Adopt Resolution No. 23-048 Assigning 2022 Fund Balance to Remote Fire Station 3F.Adopt Resolution No. 23-057 Approving Modification to PTO/Vacation Maximum Accrual Cap for Sworn Peace Officers 4.Public Hearing 4A.Adopt Resolution No. 23-049 Approving a Tax Increment Financing Plan for Tax Increment Financing District within Valley Square Redevelopment Project Area 4B.Approve Vacation of Easements for Sentinel Development (640 Golden Valley LLC) 1. Vacation of Easement Platted Drainage and Utility Easement Golden Valley State Bank Addition (Lot 1, Block 1), Resolution No. 23-050 2.Vacation of Easement Golden Valley Road (Maren Lane), Resolution No. 23-051 3.Vacation of Easement Golden Valley Road (Vermont Avenue), Resolution No. 23-052 4.Platted Drainage and Utility Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lots 1&2, Block 2), Resolution No. 23-053 5.Deeded Sanitary Sewer Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lot 2, Block 2), Resolution No. 23-054 6.Vacation of Golden Valley Drive Right of Way, Resolution No. 23-055 5.Old Business 6.New Business 6A.Adopt Resolution No. 23-056 Approving Final Plat for Sentinel GV 6B.Review of Council Calendar 6C.Mayor and Council Communications 1.Other Committee/Meeting updates 7.Adjournment City of Golden Valley City Council Regular Meeting June 20, 2023 — 6:30 PM 2 EXECUTIVE SUMMARY Administrative Services 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 1C. Receive Award for the Certificate of Achievement for Excellence in Financial Reporting Prepared By Sue Virnig, Finance Director Summary The Certificate of Achievement for Excellence in Financial Reporting is an award from the National Government Finance Officers Association and is the highest form of recognition in governmental accounting and financial reporting. Joel Merry, State Representative for the Minnesota Government Finance Officers Association and Assistant Finance Director from Minnetonka, will present the award to the City of Golden Valley for the 2021 financial report. Financial or Budget Considerations N/A Legal Considerations N/A Equity Considerations N/A Recommended Action None. Supporting Documents Certificate 3 Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to City of Golden Valley Minnesota For its Annual Comprehensive Financial Report For the Fiscal Year Ended December 31, 2021 Executive Director/CEO 4 June 6, 2023 —6:30 PM Council Chambers Hybrid Meeting CITY COUNCIL REGULAR MEETING MINUTES City Council meetings are being conducted in a hybrid format with in-person and remote options for attending, participating, and commenting. The public can make statements in this meeting during public comment sections, including the public forum beginning at 6:20 pm. 1.Call to Order Mayor Pro Tempore La Mere-Anderson called the meeting to order at 6:30 pm. 1A. Pledge of Allegiance and Land Acknowledgement Mayor Pro Tempore La Mere-Anderson led the audience in the Pledge of Allegiance and read the City’s Land Acknowledgement statement. 1B. Oath of Office for Council Member Sophia Ginis for Term Expiring on January 2, 2024 City Clerk Schyma administered the oath of office for Council Member Sophia Ginis. 1C. Seating of the Council Council Member Ginis thanked Golden Valley residents, staff, and her fellow Council Members for their support during the onboarding process. She spoke of being a good steward to the community during this appointment. 1D. Roll Call Present:Mayor Pro Tempore Denise La Mere-Anderson, Council Members Sophia Ginis, Maurice Harris, and Gillian Rosenquist Absent:Mayor Shep Harris Staff present: City Manager Cruikshank, City Attorney Cisneros, Police Chief Green, Assistant Police Chief White, Assistant Police Chief Perez,Police Sergeant Eam, Fire Chief Crelly, Assistant Fire Chief Brunsell, Assistant Fire Chief Guzman, Community Development Director Flores, Equity and Inclusion Manager Kaempfer, City Planner Campbell, Water and Natural Resource Specialist Chirpich, and City Clerk Schyma 1E. Swearing-In Ceremony for New Members of the Golden Valley Police Department Mayor Pro Tempore La Mere-Anderson introduced Sergeant Kyle Toavs who led the audience in a moment of silence in memory of long-time Golden Valley Police Sergeant Terry Sleavin who passed away June 3 after battling cancer. 5 Sergeant Toavs spoke about the service, friendship, kindness, and leadership of his dearly departed friend and partner. Police Chief Green administered the swearing-in of Assistant Police Chief Rodolfo Perez and Police Sergeant Tommy Eam. Both Assistant Chief Perez and Sergeant Eam thanked Council, staff, and Golden Valley residents for the warm welcome and acknowledged their families for their support. 1F. Proclamation Honoring June 1 - 30, 2023 as LGBTQIA2S+ Pride Month Equity and Inclusion Manager Kaempfer discussed the proclamation. Board Members of the Golden Valley Pride Festival were in attendance to promote their event on Saturday, June 10 and to speak about the importance of inclusion and the safe space that Pride Month and the Pride Festival creates for individuals. Motion by Rosenquist, Second by Ginis to adopt a Proclamation Honoring the month of June as LGBTQIA2S+ Pride Month. Motion carried 4-0. 1G. Proclamation Observing June 19th as Juneteenth - Freedom Day Equity and Inclusion Manager Kaempfer discussed the proclamation and the importance of recognizing Juneteenth. He further discussed the community organizations that host Juneteenth events and celebrations like Sweet Potato Comfort Pie. Motion by M. Harris, Second by Rosenquist to adopt a Proclamation Observing June 19 as Juneteenth - Freedom Day. Motion carried 4-0. 2.Additions and Corrections to Agenda Motion by Rosenquist, Second by Ginis to approve the agenda as submitted. Motion carried 4-0. 3.Consent Agenda Approval of Consent Agenda - All items listed under this heading are considered to be routine by the City Council and will be enacted by one motion. There will be no discussion of these items unless a Council Member so requests in which event the item will be removed from the general order of business and considered in its normal sequence on the agenda. Motion by Rosenquist, Second by M. Harris to approve the Consent Agenda as revised: removal of Items #3A.1. Minutes of the Regular City Council Meeting of May 16, 2023; #3A.2.Minutes of the Special City Council Meeting of May 19, 2023; #3D.1. Accept Resignations from the Planning Commission; #3E.2. Approve Professional Services Agreement for Commercial 6 Real Estate Brokerage Services with CBRE, Incorporated; #3F.1. Adopt Resolution No. 23-039 Accepting Donation to Support Play Structure Relocation from Wildwood Park to Isaacson Park; and #3F.2. Adopt Resolution No. 23-040 Accepting Donation for a Disc Golf Bench to be Located on Brookview Golf Course from the Noah Joynes Youth Recreation Fund. Motion carried 4-0. 3A.Approval of City Council Minutes: 3A.1. Minutes of the Regular City Council Meeting of May 16, 2023 3A.2. Minutes of the Special City Council Meeting of May 19, 2023 3B.Approval of City Check Registers 3C.Licenses: 3C.1. Approve Gambling License Exemption and Waiver of Notice Requirement - Minnesota Diversified Industries (MDI) 3C.2. Approve New Massage Establishment License - Refined Health & Wellness 3C.3. Approve 2023-2024 Liquor License Renewals 3D. Boards, Commissions, and Task Forces: 3D.1. Accept Resignations from the Planning Commission 3D.2. Receive the DEI Commission Annual Report and Approve the 2023 Work Plan 3D.3. Receive the 2022 Housing and Redevelopment Authority Annual Report and Approve the 2023 Work Plan 3E.Bids, Quotes, and Contracts: 3E.1. Approve PERA Settlement Agreement 3E.2. Approve Professional Services Agreement for Commercial Real Estate Brokerage Services with CBRE, Incorporated 3E.3. Adopt Resolution No. 23-038 Entering into Host Site Agreement with Minnesota Pollution Control Agency for 2023-2024 Term 3E.4. Approve Memorandum of Agreement Regarding Juneteenth Between Patrol, Sergeants, Assistant Chiefs Unions, CSOs and Administrative Staff (LELS Locals #27, #304, #485, #525, #524) and the City of Golden Valley 3E.5. Approve First Amendment to Legal Services Agreement with Chestnut Cambronne 3E.6. Approve Agreements with Reading & Math, Inc. DBA Ampact for Forestry Services Grant 3F.Grants and Donations: 3F.1. Adopt Resolution No. 23-039 Accepting Donation to Support Play Structure Relocation from Wildwood Park to Isaacson Park 3F.2. Adopt Resolution No. 23-040 Accepting Donation for a Disc Golf Bench to be Located on Brookview Golf Course from the Noah Joynes Youth Recreation Fund 3G. Adopt Resolution No. 23-041 in Support of Fire Station Funding Submission to Minnesota Department of Management and Budget 3H. Adopt Resolution No. 23-042 Approving Updated Assignments and Meetings Payment Attended by the Mayor Council 3.Items Removed From the Consent Agenda: 3A.1. Minutes of the Regular City Council Meeting of May 16, 2023 3A.2. Minutes of the Special City Council Meeting of May 19, 2023 7 Council Member Ginis abstained from the vote on Items #3A.1. & #3A.2. since she was not a member of the Council for the meetings on the consent agenda. Motion by Rosenquist, Second by M. Harris to approve the Minutes of the Regular City Council Meeting of May 16, 2023 and the Minutes of the Special City Council Meeting of May 19, 2023. Motion carried 3-0. (In Favor: M. Harris, La Mere-Anderson, Rosenquist. Abstained: S. Ginis. Opposed: N/A) 3D.1. Accept Resignations from the Planning Commission Mayor Pro Tempore La Mere-Anderson thanked Ellen Brenna and Sophia Ginis for their service on the Planning Commission. Ms. Brenna moved to the Environmental Commission and Ms. Ginis was appointed to the City Council on May 19. Council Member Rosenquist encouraged residents to apply for board and commission openings and to contact City staff if they have any questions about the process. Motion by M. Harris, Second by Rosenquist to accept the resignations of Sophia Ginis and Ellen Brenna from the Planning Commission. Motion carried 4-0. 3E.2. Approve Professional Services Agreement for Commercial Real Estate Brokerage Services with CBRE, Incorporated Council Member Rosenquist recused herself from the vote and discussion of this item as her husband does business with CBRE, Inc. Motion by M. Harris, Second by Ginis to approve the Professional Services Agreement for Commercial Real Estate Brokerages Services with CBRE, Inc. Motion carried 3-0. (In Favor: S. Ginis, M. Harris, La Mere-Anderson. Abstained: Rosenquist. Opposed: N/A) 3F.1. Adopt Resolution No. 23-039 Accepting Donation to Support Play Structure Relocation from Wildwood Park to Isaacson Park Council Member Rosenquist thanked the Golden Valley Little League Youth Baseball Association for their generous donation. She further recognized the generous donation from the Noah Joynes Youth Recreation Fund. Motion by Rosenquist, Second by M. Ginis to adopt Resolution No. 23-039 accepting the donation from the Noah Joynes Youth Recreation Fund and the Golden Valley Little League Youth Baseball Association to support the play structure relocation from Wildwood Park to Isaacson Park. 8 Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) 3F.2. Adopt Resolution No. 23-040 Accepting Donation for a Disc Golf Bench to be Located on Brookview Golf Course from the Noah Joynes Youth Recreation Fund Council Member Harris recognized the generous donation from the Noah Joynes Youth Recreation Fund. Motion by M. Harris, Second by Rosenquist to adopt Resolution No. 23-040 accepting the donation from the Noah Joynes Youth Recreation Fund for the addition of a disc golf bench at Brookview Golf course. Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) 3G. Adopt Resolution No. 23-041 in Support of Fire Station Funding Submission to Minnesota Department of Management and Budget Community Development Director Flores provided an update on the fire station funding process. Motion by M. Harris, Second by Rosenquist to adopt Resolution No. 23-041 supporting the City's 2024 legislative bonding request in the amount of $7.15M to construct a remote fire station. Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) Motion by M. Harris, Second by Ginis to accept funding from the State of Minnesota Bill HF670 in the amount of $3,172,000 for a grant to the City of Golden Valley to acquire and improve property, predesign, and design a new fire station with space to provide regional training opportunities and other associated site improvements. Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) Motion by M. Harris, Second by Rosenquist to adopt Resolution No. 23-041 supporting the City's 2024 legislative bonding request in the amount of $7.15M to construct a remote fire station. Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) 4.Public Hearing 4A. Adopt Resolution No. 23-043 to Accept the Municipal Separate Storm Sewer System General Permit, Storm Water Pollution Prevention Program (SWPPP) 2022 Annual Report to the Minnesota Pollution Control Agency Water and Natural Resource Specialist Chirpich discussed the staff report. 9 Mayor Pro Tempore La Mere-Anderson opened the public hearing. As there were no comments, the public hearing was closed. Council Member Rosenquist announced an opening for the alternate representative on the Bassett Creek Watershed Management Commission and encouraged interested Golden Valley residents to contact City staff for more information. Motion by Rosenquist, Second by Ginis to adopt Resolution No. 23-043 accepting Accept the Municipal Separate Storm Sewer System General Permit, Storm Water Pollution Prevention Program (SWPPP) 2022 Annual Report to the Minnesota Pollution Control Agency. Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) 4B.Formal Public Hearing - Zoning Code Text Amendment, Sec. 113-151: Off-Street Parking and Loading, Ordinance No. 764 and Resolution No. 23-044 City Planner Campbell discussed the staff report and options available to the Council regarding this ordinance. Mayor Pro Tempore La Mere-Anderson opened the public hearing. As there were no comments, the public hearing was closed. Council Member Rosenquist asked about parking requirements being determined by square footage instead of by the main use of a restaurant (e.g. sit-down fast casual restaurant, drive- thru). She further asked if staffing needs are also taken into consideration of parking needs. City Planner Campbell discussed the proposed changes in the Food, Entertainment, and Retail use table in Sec. 113-151 (c) Minimum Number of Required Off-Street Parking Spaces. Council thanked staff for bringing attention to the parking needs of the community and helping to update and right-size parking requirements in the City. Motion by M. Harris, Second by Ginis to adopt Ordinance No. 764, amending Sec. 113-151, to Update the Regulations for Off-Street Parking. Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) Motion by M. Harris, Second by Rosenquist to adopt Resolution No. 23-044, approving summary publication of Ordinance No. 764. Motion carried 4-0 with unanimous approval.(In Favor: S. Ginis, M. Harris, La Mere-Anderson, Rosenquist. Opposed: N/A) 10 5.Old Business 6.New Business 6A. Review of Council Calendar City Clerk Schyma asked the Council to revisit Item #3G. - Adopt Resolution No. 23-041 in Support of Fire Station Funding Submission to Minnesota Department of Management and Budget. There were supposed to be two motions and votes for that item. The Council revisited the item and clarified and corrected the voting. The voting is correctly noted in these minutes under Item #3. Mayor Pro Tempore La Mere-Anderson reviewed upcoming city meetings, events, and holiday closures. 6B. Mayor and Council Communications 1. Other Committee/Meeting updates 7.Adjournment The meeting was adjourned by unanimous consent at 8:35 pm. ________________________________ ATTEST: Shepard M. Harris, Mayor ________________________________ Theresa J. Schyma, City Clerk 11 EXECUTIVE SUMMARY Administrative Services 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3B. Approval of City Check Registers Prepared By Sue Virnig, Finance Director Summary Approval of the check register for various vendor claims again the City of Golden Valley. Document is located on city website at the following location: http://weblink.ci.golden-valley.mn.us/WebLink/Browse.aspx? id=1000913&dbid=0&repo=GoldenValley The check register(s) for approval: 06-02-23 Check Register 06-09-23 Check Register 06-15-23 Check Register Financial or Budget Considerations The check register has a general ledger code as to where teach claim is charged. At the end of the register is a total amount paid by fund. Legal Considerations Not Applicable Equity Considerations Not Applicable Recommended Action Motion to authorize the payment of the bills as submitted. 12 EXECUTIVE SUMMARY Public Works 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3C.1. Approve Contract for Scheid Park Shelter Roof Replacement with KRJ Incorporated Prepared By Tim Kieffer, Public Works Director Al Lundstrom, Park Maintenance Superintendent Summary The Scheid Park Shelter roof is scheduled to be replaced this year. The work includes replacing the flat roof portions of the shelter with a full hip style roof, replacing the metal roof, replacing the plexi-glass roof windows with insulated windows, and improving energy efficiency by adding insulation. Staff received five quotes for the project. The results are as follows: Central Roofing Company $162,275.00 J. Benson Construction $142,820.70 JPMI Construction Company $217,000.00 KRJ Incorporated $122,000.00 PCR Builders $215,017.92 Financial or Budget Considerations The 2023-2032 Buildings Capital Improvement Program (CIP) includes $150,000 in 2023 for Public Building Roof Replacements (B-041). The city is under contract for consulting services in the amount of $22,400. Legal Considerations The proposed project will be completed using the competitive low quote process. Equity Considerations Staff solicited quotes from ninety-one contractors, including eighty-four Disadvantaged Business Enterprises using the Minnesota Unified Certification Program database, and three community organizations that work with Minority and Women Business Enterprises. Recommended Action Motion to authorize the Mayor and City Manager to execute the Contract for Scheid Park Shelter Roof Replacement with KRJ Incorporated in the form approved by the City Attorney. 13 Supporting Documents Agreement for the Scheid Park Shelter Roof Replacement with KRJ Incorporated 14 FC - 1 AGREEMENT FOR THE SCHEID PARK SHELTER ROOF REPLACEMENT PROJECT NO. 23-16 THIS AGREEMENT (this “Agreement”), entered into the 20th day of June, 2023 between the City of Golden Valley (the “City”), a municipal corporation, existing under the laws of the State of Minnesota, and KRJ Incorporated, a business corporation, under the laws of Minnesota (“Contractor”). ARTICLE 1. The Contract Documents.The Contract Documents consist of: this Agreement, the Proposal and Bid of the Contractor, the Contractor’s Bonds, the General Conditions, Special Conditions and any supplementary conditions, drawings, plans, Specifications, addenda issued prior to execution of this Agreement, other documents listed herein or in any of the foregoing documents, and Modifications of the same issued after execution of this Agreement (collectively the “Contract” or “Contract Documents”). A Modification is (1) a written amendment to the Contract signed by both parties, (2) a Change Order, (3) a Construction Change Directive, or (4) a written order for a minor change in the Work issued by the Engineer. In the event of a conflict among the various provisions of the Contract Documents, the terms shall be interpreted in the following order of priority: 1. Modifications to the Contract 2. This Agreement 3. Special Conditions 4. General Conditions Drawings shall control over Specifications, and detail in drawings shall control over large-scale drawings. All capitalized terms used and not otherwise defined in this Agreement, but defined elsewhere in the Contract Documents, shall have the meaning set forth in the Contract Documents. ARTICLE 2. The Work.Contractor, for good and valuable consideration the sufficiency of which is hereby acknowledged, covenants and agrees to furnish all materials, all necessary tools and equipment, and to do and perform all work and labor necessary for the Scheid Park Shelter Roof Replacement Project No. 23-16 (the “Project”) according to the Plans and Specifications and all of the Contract Documents. Contractor shall commence and conclude the Work in accordance with the Contract Documents. Time is of the essence in this Agreement. Accordingly, Contractor shall complete the Work in accordance with the time schedule for commencement and completion of the Work set forth in the Contract Documents. Contractor shall complete the Work in every respect to the satisfaction and approval of the City. 15 FC - 2 ARTICLE 3. Contract Price.The City shall pay the Contractor the Contract Price in current funds for the Contractor’s performance of the Contract. The Contract Price shall be $122,000.00, subject to additions and deductions as provided in the Contract Documents. Installment payments, if any, on account of the Work shall be made in accordance with the provisions of the General Conditions. Final payment shall be due and payable on or before thirty (30) days after issuance of a Certificate of Final Completion issued by the City Engineer confirming that the Work has been fully completed and Contractor’s obligations fully performed by Contractor. ARTICLE 4. Contractor’s Bonds. Contractor shall make, execute and deliver to the City corporate surety bonds in a form approved by the City, in the sum of $122,000.00 for the use of the City and of all persons furnishing labor, skill, tools, machinery or materials to the Project. Said bonds shall secure the faithful performance and payment of the Contract by the Contractor and shall be conditioned as required by law. This Agreement shall not become effective unless and until said bonds have been received and approved by the City. ARTICLE 5. Acceptance of the Work. The City, through its authorized agents, shall be the sole and final judge of the fitness of the Work and its acceptability. ARTICLE 6. Records.Contractor shall keep as complete, exact and accurate an account of the labor and materials used in the execution of the Work as is possible, and shall submit and make this information available as maybe requested by the City. ARTICLE 7. Payment. All payments to Contractor shall be made payable to the order of KRJ Incorporated, and the City does not assume and shall not have any responsibility for the allocation of payments or obligations of the Contractor to third parties. ARTICLE 8. Cancellation Prior to Execution. The City reserves the right, without liability, to cancel the award of the Contract at any time before the execution of the Contract by all parties. ARTICLE 9. Special Assessment Contingency. The City’s obligation under this contract is contingent upon the availability of appropriated funds, including funds derived from special assessments, from which payment for contract purposes can be made. The City shall not be legally liable for any payment under this Agreement unless the special assessment appeal period under Minn. Stat. § 429.081 has passed and no appeals have been received. ARTICLE 10. Termination.The City may by written notice terminate the Contract, or any portion thereof, when (1) it is deemed in the best public, state or national interest to do so; (2) the Special Assessment contingency has not been met; (3) the City is unable to adequately fund payment for the Contract because of changes in state fiscal policy, regulations or law; or (4) after finding that, for reasons beyond Contractor’s control, 16 FC - 3 Contractor is prevented from proceeding with or completing the Work within a reasonable time. In the event that any Work is terminated under the provisions hereof, all completed items or units of Work will be paid for at Contract Bid Prices. Payment for partially completed items or units of Work will be made in accordance with the Contract Documents. Termination of the Contract or any portion thereof shall not relieve Contractor of responsibility for the completed Work, nor shall it relieve Contractor’s Sureties of their obligations for and concerning any just claims arising out of the Work. IN WITNESS WHEREOF, both parties hereto have caused this Contract to be signed on their respective behalves by their duly authorized offices and their corporate seals to be hereunto affixed the day and year first above written. THE CITY OF GOLDEN VALLEY, MINNESOTA BY Shepard M. Harris, Mayor BY Timothy J. Cruikshank, City Manager KRJ INCORPORATED BY Jeff Jaglo, President 17 EXECUTIVE SUMMARY Public Works 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3C.2. Approve Contract for Traffic Signal Maintenance with Traffic Control Corporation Prepared By Tim Kieffer, Public Works Director Jeff Oliver, City Engineer Marshall Beugen, Street and Vehicle Maintenance Superintendent Summary The city owns and maintains ten traffic signals. The city previously had Hennepin County maintain and make repairs as needed. Staff were notified that Hennepin County is discontinuing this service. Staff explored options and propose to contract with Traffic Control Corporation for maintenance and repairs. The work will include annual inspections, repairs, and installing new hardware for remote monitoring and alerts. Financial or Budget Considerations The 2023-2032 Streets Capital Improvement Program (CIP) includes $150,000 for Traffic Signal Upgrades (S-050). The initial cost is $86,174.00 to upgrade the signal cabinets with an annual cost of $12,000 for yearly signal operation checks. Legal Considerations The City Attorney has reviewed and approved the agreement. Equity Considerations Proper maintenance of traffic signals provides transportation safety for drivers and pedestrians. Recommended Action Motion to authorize the Mayor and City Manager to execute the Contract for Traffic Signal Maintenance with Traffic Control Corporation in the form approved by the City Attorney. Supporting Documents Contract for Traffic Signal Maintenance with Traffic Control Corporation 18 1 CONTRACT FOR TRAFFIC SIGNAL MAINTENANCE WITH TRAFFIC CONTROL CORPORATION THIS AGREEMENT is made this 20th day of June, 2023 (the “Effective Date”) by and between Traffic Control Corporation, a traffic signal maintenance company located at 2345 Rice Streets, Suite 230 Roseville, Minnesota 55113 (“Contractor”), and the City of Golden Valley, Minnesota, a Minnesota municipal corporation located at 7800 Golden Valley Road, Golden Valley, MN 55427 (the “City”): RECITALS A. Contractor is engaged in the business of traffic signal maintenance. B. The City desires to hire Contractor to maintain traffic signals. C. Contractor represents that it has the professional expertise and capabilities to provide the City with the requested work. D. The City desires to engage Contractor to provide the work described in this Agreement and Contractor is willing to provide such work on the terms and conditions in this Agreement. NOW, THEREFORE, in consideration of the terms and conditions expressed herein, the City and Contractor agree as follows: AGREEMENT 1.The Work.Contractor shall perform the work more fully described in the attached Exhibit A (the “Work”). The Work includes all work and services required by this Agreement, whether completed or partially completed, and includes all labor, materials, equipment, and services provided or to be provided by Contractor to fulfill Contractor’s obligations. All Work shall be completed according to the specifications set forth in the attached Exhibit C. Contractor shall at all times keep the premises free from accumulation of waste materials and debris caused by Contractor’s operations. 2.Time for Completion.The Contractor shall proceed diligently and shallcomplete the Work to the satisfaction and approval of the City’s authorized agentaccording to the length of time set forth in Exhibit A (the “Contract Time”). Contractor shallnotify the City in writing of any cause of delay of the Workwithin 24 hours after such cause of delay arises. If Contractor fails to complete the Work during the Contract Time, the City may immediately, or at any time thereafter, proceed to complete the Work at the Contractor’s expense. If Contractor gives written notice of a delay over which Contractor has no control, the City may at its discretion, extend the Contract Time. 3.Consideration.In consideration of the performance of the Work, the City shall pay to Contractor the amount set forth herein Exhibit D (the “Contract Price”). The consideration shall be for both the Work performed by Contractor and the expenses incurred by Contractor in performing the Work. Contractor shall submit statements to the City containing a detailed list of project labor and hours, rates, titles, and amounts undertaken by Contractorduring the relevant billing period. The City shall pay Contractor within thirty (30) days after receiving a statement from Contractor. 19 2 4.Extra Work.Unless approved by the City in writing, Contractor shall make no claim for extra work done or materials furnished, nor shall Contractor do any work or furnish any materials not covered by the plans and specifications of this Agreement. Any such work or materials furnished by Contractor without written City approval shall be at Contractor’s own risk and expense. Contractor shall perform any altered plans ordered by the City; if such alteration reduces the cost of doing such work, the actual amount of such reduction shall be deducted from the contract price for the Work. 5.Contract Documents.The Contract Documents shall consist of this Agreement; all exhibits to this Agreement, which are incorporated herein by reference; any supplementary drawings, plans, and specifications; and other documents listed herein. In the event of a conflict among the various provisions of the Contract Documents, the terms shall be interpreted in the following order of priority: a. Modifications to this Agreement b. This Agreement, including all exhibits c. Supplementary drawings, plans, specifications d. Other documents listed in this Agreement Drawings shall control over Specifications, and detail in drawings shall control over large-scale drawings. All capitalized terms used and not otherwise defined in this Agreement, but defined elsewhere in the Contract Documents, shall have the meaning set forth in the Contract Documents. 6.Expense Reimbursement.Contractor shall not be compensated separately for necessary incidental expenses. All expenses of Contractor shall be built into Contractor’s fixed compensation rate, unless reimbursement is provided for an expense that received the prior written approval of the City, which approval may be provided via electronic mail. 7.Approvals.Contractor shall secure the City’s written approval before making any expenditures, purchases, or commitments on the City’s behalf beyond those listed in the Work. The City’s approval may be provided via electronic mail. 8.Protection of Persons and Property.Contractor shall be responsible for initiating, maintaining and supervising all safety precautions and programs in connection with the performance of the Work. Contractor shall take reasonable precautions for the safety of, and shall provide reasonable protection to prevent damage, injury, or loss to: a. Persons performing the Work and other persons who may be affected by the Work; b. The Work and materials and equipment to be incorporated therein; and c. Other property at the site or adjacent to the site, such as trees, shrubs, lawns, walks, pavement, roadways, structures and utilities. Contractor shall promptly remedy damage and loss to property caused in whole or in part by Contractor or any of its subcontractors, agents, or anyone directly or indirectly employed by any of them. 9.Acceptance of the Work. All of the Contractor’s work and labor shall be subject to the inspection and approval of the City. If any materials or labor are rejected by the City as defective or unsuitable, then the materials shall be removed and replaced with other approved materials and the labor shall be done 20 3 to the satisfaction and approval of the City at the Contractor’s sole cost and expense. Contractor shall replace at Contractor’s expense any loss or damage to the Work, however caused, which occurs during the construction thereof or prior to the final delivery to and acceptance of the Work by the City. Any payment made to Contractor, shall not be construed as operating to relieve Contractor from responsibility for the construction and delivery of the Work. 10.Warranty.Contractor represents and warrants that it has the requisite training, skills, and experience necessary to complete the Work, is appropriately licensed by all applicable agencies and governmental entities, and will complete the Work in a manner consistent with the level of care and skill ordinarily exercised by professionals currently providing similar work. Contractor further represents and warrants to the City that the materials and equipment furnished under this Agreement are of good quality and new, unless this Agreement requires or permits otherwise. Contractor further warrants that the Work will conform to the requirements of this Agreement and will be free from defects. Work, materials, or equipment not conforming to these requirements may be considered defective. Contractor shall promptly correct any defective Work. Costs of correcting such defective Work, including additional testing and inspections, the cost of uncovering and replacement, and compensation for any additional services and expenses made necessary thereby, shall be at Contractor’s expense. Contractor’s warranty shall exclude remedy for damage or defect caused by abuse, alterations to the Work not executed by Contractor or its subcontractors, agents, or anyone hired or employed by any of them, improper or insufficient maintenance, improper operation or normal wear and tear under normal usage. 11.Guarantee.Contractor guarantees and agrees to maintain the stability of the Work and materials furnished and installed under this contract for a period of one year after the Final Completion Date (the “Guarantee Period”). Contractor agrees to perform fully all other guarantees as set forth in the specifications. If any of the Work is found to be not in accordance with the requirements of the Contract during the Guarantee Period, Contractor shall correct it promptly after receipt of notice from the City to do so. The City shall give such notice promptly after discovery of the condition. If Contractor fails to correct nonconforming Work within a reasonable time after receipt of notice from the City, the City may correct the Work at Contractor’s expense. The Guarantee Period shall be extended with respect to portions of Work first performed after the Final Completion Date by the period of time between final payment and the actual completion of that portion of the Work. The one-year period for correction of Work shall not be extended by corrective Work performed by Contractor pursuant to this Section. Nothing contained in this Section shall be construed to establish a period of limitation with respect to other obligations Contractor has under the Contract Documents. Establishment of the one-year period for correction of Work as described in this Section relates only to the specific obligation of Contractor to correct the Work, and has no relationship to the time within which the obligation to comply with the Contract Documents may be sought to be enforced, nor to the time within which proceedings may be commenced to establish Contractor’s liability with respect to Contractor’s obligations other than specifically to correct the Work. 12.Termination.This Agreement shall remain in force and effect commencing from the effective date and continuing until the completion of all of the parties’ obligations hereunder, unless terminated by the City or amended pursuant to the Agreement. Notwithstanding any other provision hereof to the contrary, this Agreement may be terminated as follows: 21 4 a. The parties, by mutual written agreement, may terminate this Agreement at any time; b. Contractor may terminate this Agreement in the event of a breach of the Agreement by the City upon providing thirty (30) days’ written notice to the City; c. The City may terminate this Agreement at any time at its option, for any reason or no reason at all; or d. The City may terminate this Agreement immediately upon Contractor’sfailure to have in force any insurance required by this Agreement. In the event of a termination, the City shall pay Contractorfor Work performed to the date of termination and for all costs or other expenses incurred prior to the date of termination. 13.Amendments.No amendments may be made to this Agreement except in a writing signed by both parties. 14.Remedies. In the event of a termination of this Agreement by the City because of a breach by Contractor, the City may complete the Work either by itself or by contract with other persons or entities, or any combination thereof. These remedies provided to the City for breach of this Agreement by Contractor shall not be exclusive. The City shall be entitled to exercise any one or more other legal or equitable remedies available because of Contractor’s breach. 15.Records/Inspection.Pursuant to Minnesota Statutes § 16C.05, subd. 5, Contractor agrees that the books, records, documents, and accounting procedures and practices of Contractor, that are relevant to the contract or transaction, are subject to examination by the City and the state auditor or legislative auditor for a minimum of six years. Contractor shall maintain such records for a minimum of six years after final payment. The parties agree that this obligation will survive the completion or termination of this Agreement. 16.Indemnification.To the fullest extent permitted by law, Contractor, and Contractor’s successors or assigns, agree to protect, defend, indemnify, save, and hold harmless the City, its officers, officials, agents, volunteers, and employees from any and all claims; lawsuits; causes of actionsof any kind,nature, or character; damages; losses; andcosts, disbursements, and expenses of defending the same, including but not limited to attorneys’ fees, professional services, and other technical, administrative or professional assistance resulting from or arising out of Contractor’s (or its subcontractors, agents, volunteers, members, invitees, representatives, or employees) performance of the duties required by or arising from this Agreement, or caused in whole or in part by any negligent act or omission or willful misconduct by Contractor, or arising out of Contractor’s failure to obtain or maintain the insurance required by this Agreement. Nothing in this Agreement shall constitute a waiver or limitation of any immunity or limitation on liability to which the City is entitled. The parties agree that these indemnification obligations shall survive the completion or termination of this Agreement. 17.Insurance.Contractor shall maintain reasonable insurance coverage throughout this Agreement. Contractor agrees that before any work related to the approved project can be performed, Contractor shall maintain at a minimum: a. Worker’s Compensation Insurance as required by Minnesota Statutes, section 176.181; b. Business Auto Liability covering vehicles owned by Contractor and non-owned vehicles used by Contractor, with policy limits not less than $1,000,000.00 per accident, for bodily injury, 22 5 death of any person, and property damage arising out of the ownership, maintenance, and use of such motor vehicles, along with any statutorily required automobile coverage; c. Commercial General Liability in an amount of not less than $1,000,000.00 per occurrence, $2,000,000 general aggregate, and $2,000,000 for products-completed operations hazard, providing coverage for claims including: i.Damages because of bodily injury, sickness or disease, including occupational sickness or disease, and death of any person; ii.Personal and advertising injury; iii.Damages because of physical damage to or destruction of property, including loss of use of such property; iv.Bodily injury or property damage arising out of completed operations; and v.Contractor’s indemnity obligations under this Agreement. To meet the Commercial General Liability and Business Auto Liability requirements, Contractor may use a combination of Excess and Umbrella coverage. Prior to commencement of the Work, Contractor shall provide the City with a current certificate of insurance including the following language: “The City of Golden Valley is named as an additional insured with respect to the commercial general liability, business automobile liability and umbrella or excess liability, as required by the contract. The umbrella or excess liability policy follows form on all underlying coverages.” Such certificate of liability insurance shall list the City as an additional insured and contain a statement that such policies of insurance shall not be canceled or amended unless 30 days’ written notice is provided to the City, or 10 days’written notice in the case of non-payment. 18.Compliance with State Withholding Tax. Before final payment is made for the Work on this project, Contractor must make a satisfactory showing that it has complied with the provisions of Minnesota Statutes, section 290.92 requiring the withholding of State Income Tax for wages paid employees on this project by providing to the City Engineer a Certificate of Compliance from the Commissioner of Taxation. Contractor is advised that before such Certificate can be issued, Contractor must first place on file with the Commissioner of Taxation an affidavit, in the form of an IC-134, that Contractor has complied with the provisions of Minnesota Statutes Section 290.92. 19.Assignment.Neither the City nor Contractor shall assign this Agreement or any rights under or interest in this Agreement, in whole or in part, without the other party’s prior written consent. Any assignment in violation of this provision is null and void. Neither the City nor Contractor shall assign, or transfer any rights under or interest (including, but without limitation, moneys that may become due or moneys that are due) in the Agreement without the written consent of the other except to the extent that the effect of this limitation may be restricted by law. Unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under this Agreement. Nothing contained in this paragraph shall prevent Contractor from employing such independent consultants, associates, and subcontractors, as it may deem appropriate to assist it in the performance of the Work required by this Agreement. Any instrument in violation of this provision is null and void. 20.Independent Contractor.Contractor is an independent contractor. Contractor’s duties shall be performed with the understanding that Contractor has special expertise as to the Work which Contractor is to perform and is customarily engaged inthe independent performance of the same or similar workfor 23 6 others. Contractor shall provide or contract for all required equipment and personnel. Contractor shall control the manner in which the Work is performed; however, the nature of the Work and the results to be achieved shall be specified by the City.The parties agree that this is not a joint venture and the parties are not co-partners. Contractoris not an employee or agent of the City and has no authority to make any binding commitments or obligations on behalf of the City except to the extent expressly provided in this Agreement. All Work provided by Contractor pursuant to this Agreement shall be provided by Contractor as an independent contractor and not as an employee of the City for any purpose, including but not limited to: income tax withholding, workers' compensation, unemployment compensation, FICA taxes, liability for torts and eligibility for employee benefits. 21.Compliance with Laws.Contractorshall exercise due professional care to comply with applicable federal, state and local laws, rules, ordinances and regulations in effect as of the Effective Date. Contractor’sguests, invitees, members, officers, officials, agents, employees, volunteers, representatives, and subcontractors shall abide by the City’s policies prohibiting sexual harassment and tobacco, drug, and alcohol use as defined on the City’s Tobacco, Drug, and Alcohol Policy, as well as all other reasonable work rules, safety rules, or policies, and procedures regulating the conduct of persons on City property, at all times while performing duties pursuant to this Agreement. Contractor agrees and understands that a violation of any of these policies, procedures, or rules constitutes a breach of the Agreement and sufficient grounds for immediate termination of the Agreement by the City. 22.Entire Agreement.The Contract Documents shall constitute the entire agreement between the City and Contractor, and supersede any other written or oral agreements between the City and Contractor. 23.Third Party Rights.The parties to this Agreement do not intend to confer any rights under this Agreement on any third party. 24.Choice of Law and Venue.This Agreement shall be governed by and construed in accordance with the laws of the state of Minnesota. Any disputes, controversies, or claims arising out of this Agreement shall be heard in the state or federal courts of Hennepin County, Minnesota, and all parties to this Agreement waive any objection to the jurisdiction of these courts, whether based on convenience or otherwise. 25.Work Products and Ownership of Documents. All records, information, materials and other work products, including, but not limited to the completed reports, drawings, plans, and specifications prepared and developed in connection with the provision of the Work pursuant to this Agreement shall become the property of the City, but reproductions of such records, information, materials and other work products in whole or in part may be retained by Contractor. Regardless of when such information was provided, Contractor agrees that it will not disclose for any purpose any information Contractor has obtained arising out of or related to this Agreement, except as authorized by the City or as required by law. These obligations survive the termination of this Agreement. 26.Conflict of Interest.Contractor shall use reasonable care to avoid conflicts of interest and appearances of impropriety in representation of the City. In the event of a conflict of interest, Contractor shall advise the City and,either secure a waiver of the conflict, or advise the City that it will be unable to provide the requested Work. 24 7 27.Agreement Not Exclusive.The City retains the right to hire other professionals, contractors and service providers for this or other matters, in the City’s sole discretion. 28.Data Practices Act Compliance.Any and all data provided to Contractor, received from Contractor, created, collected, received, stored, used, maintained, or disseminated by Contractor pursuant to this Agreement shall be administered in accordance with, and is subject to the requirements of the Minnesota Government Data Practices Act, Minnesota Statutes, Chapter 13. Contractoragrees to notify the City within three business days if it receives a data request from a third party. This paragraph does not create a duty on the part of Contractor to provide access to public data to the public if the public data are available from the City, except as required by the terms of this Agreement. These obligations shall survive the termination or completion of this Agreement. 29.No Discrimination.Contractor agrees not to discriminate in providing the Work under this Agreement on the basis of race, color, sex, creed, national origin, disability, age, sexual orientation, status with regard to public assistance, or religion. Violation of any part of this provision may lead to immediate termination of this Agreement. Contractor agrees to comply with Americans with Disabilities Act as amended (“ADA”), section 504 of the Rehabilitation Act of 1973, and the Minnesota Human Rights Act, Minnesota Statutes, Chapter 363A. Contractoragrees to hold harmless and indemnify the City from costs, including but not limited to damages, attorneys’ fees and staff time, in any action or proceeding brought alleging a violation of these laws by Contractor or its guests, invitees, members, officers, officials, agents, employees, volunteers, representatives and subcontractors. Upon request, Contractor shall provide accommodation to allow individuals with disabilities to participate in all Work under this Agreement. Contractor agrees to utilize its own auxiliary aid or service in order to comply with ADA requirements for effective communication with individuals with disabilities. 30.Authorized Agents.The City’s authorized agent for purposes of administration of this contract is Tim Kieffer, or designee. Contractor’s authorized agent for purposes of administration of this contract is Ryan Noll, or designee who shall perform or supervise the performance of all Work. 31.Notices.Any notices permitted or required by this Agreement shall be deemed given when personally delivered or upon deposit in the United States mail, postage fully prepaid, certified, return receipt requested, addressed to: CONTRACTOR THE CITY Traffic Control Corporation 5651 Memorial Avenue Oak Park Heights, MN 55082 rnoll@tcc1.com City of Golden Valley 7800 Golden Valley Road Golden Valley, MN 55427 tkieffer@goldenvalleymn.gov or such other contact information as either party may provide to the other by notice given in accordance with this provision. 32.Waiver.No waiver of any provision or of any breach of this Agreement shall constitute a waiver of any other provisions or any other or further breach, and no such waiver shall be effective unless made in writing and signed by an authorized representative of the party to be charged with such a waiver. 33.Headings.The headings contained in this Agreement have been inserted for convenience of reference only and shall in no way define, limit or affect the scope and intent of this Agreement. 25 8 34.Severability.In the event that any provision of this Agreement shall be illegal or otherwise unenforceable, such provision shall be severed, and the balance of the Agreement shall continue in full force and effect. 35.Signatory.Each person executing this Agreement (“Signatory”) represents and warrants that they are duly authorized to sign on behalf of their respective organization. In the event Contractor did not authorize the Signatory to sign on its behalf, the Signatory agrees to assume responsibility for the duties and liability of Contractor, described in this Agreement, personally. 36.Counterparts and Electronic Communication.This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument. This Agreement may be transmitted by electronic mail in portable document format (pdf) and signatures appearing on electronic mail instruments shall be treated as original signatures. 37.Recitals.The City and Contractor agree that the Recitals are true and correct and are fully incorporated into this Agreement. IN WITNESS WHEREOF,the City and Contractor have caused this Independent Contractor Agreement to be executed by their duly authorized representatives in duplicate on the respective dates indicated below. TRAFFIC CONTROL CORPORATION:CITY OF GOLDEN VALLEY: By: _________________________________ Joe Spedale, Vice President By: _________________________________ Shep Harris, Mayor By: _________________________________ Timothy J. Cruikshank, City Manager 26 EXHIBIT A SCOPE OF WORK 1.Work.The Work shall include furnishing all labor, tools, and equipment to maintain and monitor the City’s traffic signal system. The Work shall include the following: A. Annual Operation Check (Exhibit B) Test Emergency Vehicle Preemption Check Detectors or Video for Proper Operation Check Pedestrian Push Buttons for Proper Operation Lubricate Locks and Hinges Replace Cabinet Filter Vacuum and General Cleaning Backup Control Database Test BBU if applicable Provide Written Report of Inspection to the City Substitute Existing MMU for Recertification Process Issue New Two-Year Warranty Certificate Update Firmware to Latest Version B. Field Monitoring Connectivity and Cloud Application Ten (10) Year Service Excludes Video Guaranteed Connectivity with no Overage Charges Upgrade of Cell Modem Phone and Email Support from Applied Information Extended warranty on hardware Over-the-Air Software Updates Applied Information Connected Vehicle Service - "TRAVELSAFELY" C. Remote Support. Four hours of phone and online support each month. Additional support is $150.00 per hour after prior approval from the City. 2.Location. Location maps are herein Exhibit A. 3.Contract Time. The initial term of this Agreement shall commence on the Effective Date and continue for ten (10) years, unless earlier terminated pursuant to the provisions of this Agreement. 27 28 EXHIBIT B ANNUAL OPERATION CHECKLIST 29 30 EXHIBIT C SPECIAL CONDITIONS 1.Safety Precautions and Accident Prevention. The Contractor shall observe and comply with all requirements to the safety of the workforce to be employed on the project. Contractor shall comply with all safety measures recommended and required by any governmental agency, including the Department of Labor and Industry, Division of Accident Prevention of the Industrial Commission of Minnesota, and with the requirements of the Workmen's Compensation Act and any amendments thereof. Attention is called to the other paragraphs of these Special Conditions covering safety precautions and accident prevention. The Contractor shall be responsible for all safety issues on this project. The Contractor shall comply with instructions from the City for implementing any additional requirements for safety concerns. 2.Notification. The Contractor shall notify the City within 24 hours after discovering irrigation or tree maintenance issues or needed repairs. 3.Permits and Licenses.Contractor shall procure all permits and licenses as required, pay all charges and fees and give all notices necessary and incidental to the due and lawful prosecution of the Work. 4.Mobilization.The mobilization shall be included in the base price in all aspects of the Work per unit price herein Exhibit D. No additional compensation will be considered for mobilization. 5.Noise Elimination. The Contractor shall eliminate noise to as great an extent as possible at all times. Air compressing plants shall be equipped with silencers, and the exhausts of all gasoline motors or other power equipment shall be provided with mufflers approved by the manufacturer. 6.Care of Work.All work under this contract shall be accomplished with reasonable care and minimal damage to affected properties. The Contractor shall provide quality cleanup after removal and repair of any damage done by the Contractor’s equipment. 7.Traffic Control and Maintenance. Contractor, at its own expense, shall furnish and maintain traffic at all times while performing the Work in accordance with the current Minnesota Manual of Uniform Traffic Control Devices (MMUTCD) Field Manual and its supplements, or as deemed necessary by the Engineer, when the Work occurs on or adjacent to any street, alley or public place. Contractor shall, at Contractor’s own cost and expense, provide all construction signage and traffic control devices for the protection of persons, property and the Work. Contractor shall be responsible for maintaining traffic control devices during the Work. In the event that the City must install additional signs for traffic control for safety purposes, the cost for such measures shall be billed to Contractor or withheld from monies due. The Contractor shall be held responsible for all damaged from failure to protect the work zone. When single lane traffic is necessary, flagmen must be provided to direct traffic. Contractor shall provide certifications of all flagmen that will be working on this project. 8.Manual References. The Specifications which apply to the Work shown in the Plans shall be as follows: A. Special Conditions herein Exhibit A, B, and C. B. The most current edition of the Minnesota Manual on Uniform Traffic Control Devices and its supplements. 31 C. Division I, 1512 (Unacceptable and unauthorized work) of the Minnesota Department of Highways Standard Specification for Construction, 2020 Edition and its supplements, shall apply, except as modified or supplemented herein. D. Division II (Construction Details) and Division III (Materials) of the Minnesota Department of Highways Standard Specification for Construction, 2020 Edition and its supplements, shall apply, except as modified or supplemented herein. 9.Measurement and Payment.Payment for all items for this project shall be by the unit price as stated herein Exhibit D. The estimated quantities on the Proposal form are for determination of the lowest cost for the Work. The City reserves the right to increase or decrease quantities shown on the Proposal to stay within the amount budgeted by the City. No claims for extra compensation due to increased or decreased quantities shall be considered. Contractor shall submit all final quantities to the City within one month after completion of the Work. 10.Contract Extension. Contractor shall perform fully, entirely, and in an acceptable manner, the Work contracted for within the time stated herein Exhibit A. Contractor shall, not less than ten (10) days prior to said date, make written request to the City for an extension of time for completion, setting forth fully in its request the reasons which Contractor believes justify the granting of the request. If the City finds that the Work has been delayed on account of unusual conditions beyond the control of Contractor, or the quantities of the Work done or to be done are in excess of the Contract quantities in sufficient amount to warrant additional time; the City may, in its sole discretion, grant an extension of time for the completion to such date as may seem reasonable and proper. In case such extension is not granted, the right to proceed with the Work may be considered as forfeited as of the Contract Time, including all agreed upon adjustments, and the City, without violating the Contract, may proceed immediately to take over the Work, materials and equipment and make final settlement of costs incurred, except that it shall not be necessary to give Contractor written ten (10) days’ notice for such forfeiture. 32 EXHIBIT D PROPOSAL The undersigned hereby certifies that an examination has been made of the scope and location of work and hereby proposes to furnish all necessary machinery, equipment, tools, labor and other means of construction and to furnish all materials specified in the manner and at the time prescribe; and understands that the quantities of work shown herein are approximate only and are subject to increase or decrease; and further understands all quantities of work, whether increased or decreased, are to be performed at the following unit prices. Description Units Estimated Quantity Price/Unit Bid Amount Annual Signal Operation Check Each 10 $1,200.00 $12,000.00 Applied Information Field Monitoring Units LS 1 $33,250.00 $33,250.00 Applied Information Cloud Application LS 1 $31,000.00 $31,000.00 Connectivity Integration LS 1 $7,000.00 $7,000.00 Enhanced TS2 Smart Monitor LS 1 $2,924.00 $2,924.00 Total Base Quote $86,174.00 33 EXECUTIVE SUMMARY City Administration 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3C.3. Approve Contract with Intereum for Audio and Video Improvement for the City Hall Council Conference Room Prepared By John Peterson, IT Manager Summary The existing audio and video equipment has become burdensome and is limited in its quality of production and ease of operation. Sound equipment does not provide sufficient settings for how the current tabletop microphones can be used, resulting in poor sound delivery during virtual meetings especially city council special session. The updated technology is designed to improve sound using a dynamic ceiling microphone, a wall mounted Pan, Tilt, Zoom camera, and overall system built to support native Microsoft Teams meetings and conferencing. Award contract to Intereum in Plymouth, MN at a cost not to exceed $21,034.12. Included is our request for quote and winning submission. Financial or Budget Considerations The 2023-2032 Buildings Capital Improvement Program (CIP) includes $50,000 in 2023 for updating the City Hall Council Conference Room technology (B-044). Quote comes with one year warranty. Staff will be budgeting for an additional contract to provide extended service and support for subsequent years. Legal Considerations Contract is in the form provided by the City Attorney. Equity Considerations Staff solicited quotes from metro area audio and video contractors, including thirty-five Disadvantaged Business Enterprises using the Minnesota Unified Certification Program database, and three community organizations that work with Minority and Women Business Enterprises. Recommended Action Motion to authorize the Mayor and City Manager to execute a Contract with Intereum for Purchase of Audio/Video upgrade for the City Hall Council Conference Room. 34 Supporting Documents Contract for Local Improvement - AV Council Conference Room Audio-Video Upgrade Bid Form 35 1 CONTRACT FOR LOCAL IMPROVEMENT THIS AGREEMENT is made this 20th day of June, 2023 (the “Effective Date”) by and between Intereum, a Audiovisual Integrator located at 9800 8th Ave North, Plymouth, MN 55441 (“Contractor”), and the City of Golden Valley, Minnesota, a Minnesota municipal corporation located at 7800 Golden Valley Road, Golden Valley, MN 55427 (the “City”): RECITALS A. Contractor is engaged in the business of audiovisual integration. B. The City desires to hire Contractor to install an audiovisual presentation and conferencing system in the City Hall Council Conference Room. C. Contractor represents that it has the professional expertise and capabilities to provide the City with the requested work. D. The City desires to engage Contractor to provide the work described in this Agreement and Contractor is willing to provide such work on the terms and conditions in this Agreement. NOW, THEREFORE, in consideration of the terms and conditions expressed herein, the City and Contractor agree as follows: AGREEMENT 1. The Work. Contractor shall perform the work more fully described in the attached Exhibit A (the “Work”). The Work includes all work and services required by this Agreement, whether completed or partially completed, and includes all labor, materials, equipment, and services provided or to be provided by Contractor to fulfill Contractor’s obligations. All Work shall be completed according to the specifications set forth in the attached Exhibit B. Contractor shall at all times keep the premises free from accumulation of waste materials and debris caused by Contractor’s operations. 2. Time for Completion. Contractor shall commence Work not later than November 2023. The Contractor shall proceed diligently and shall complete the Work to the satisfaction and approval of the City’s engineer on or before October 2023 (the “Contract Time”). Contractor shall to notify the City in writing of any cause of delay of the Work within 24 hours after such cause of delay arises. If Contractor fails to complete the Work by the Contract Time, the City may immediately, or at any time thereafter, proceed to complete the Work at the Contractor’s expense. If Contractor gives written notice of a delay over which Contractor has no control, the City may, at its discretion, extend the Contract Time. 3. Consideration. The consideration, which the City shall pay to Contractor, shall not exceed $21,034.12. The consideration shall be for both the Work performed by Contractor and the expenses incurred by Contractor in performing the Work. The City shall make progress payments to Contractor as follows: a. Pay cost of equipment upon receipt of equipment at City Hall. 36 2 b. Complete remaining payment within 30 days of the Final Completion Date, as that term is defined in section 9 below. Contractor shall submit statements to the City containing a detailed list of project labor and hours, rates, titles, and amounts undertaken by Contractor during the relevant billing period. The City shall pay Contractor within thirty (30) days after receiving a statement from Contractor. 4. Extra Work. Unless approved by the City in writing, Contractor shall make no claim for extra work done or materials furnished, nor shall Contractor do any work or furnish any materials not covered by the plans and specifications of this Agreement. Any such work or materials furnished by Contractor without written City approval shall be at Contractor’s own risk and expense. Contractor shall perform any altered plans ordered by the City; if such alteration reduces the cost of doing such work, the actual amount of such reduction shall be deducted from the contract price for the Work. 5. Contract Documents. The Contract Documents shall consist of this Agreement; all exhibits to this Agreement, which are incorporated herein by reference; any supplementary drawings, plans, and specifications; and other documents listed herein. In the event of a conflict among the various provisions of the Contract Documents, the terms shall be interpreted in the following order of priority: a. Modifications to this Agreement b. This Agreement, including all exhibits c. Supplementary drawings, plans, specifications d. Other documents listed in this Agreement Drawings shall control over Specifications, and detail in drawings shall control over large-scale drawings. All capitalized terms used and not otherwise defined in this Agreement, but defined elsewhere in the Contract Documents, shall have the meaning set forth in the Contract Documents. 6. Expense Reimbursement. Contractor shall not be compensated separately for necessary incidental expenses. All expenses of Contractor shall be built into Contractor’s fixed compensation rate, unless reimbursement is provided for an expense that received the prior written approval of the City, which approval may be provided via electronic mail. 7. Approvals. Contractor shall secure the City’s written approval before making any expenditures, purchases, or commitments on the City’s behalf beyond those listed in the Work. The City’s approval may be provided via electronic mail. 8. Protection of Persons and Property. Contractor shall be responsible for initiating, maintaining and supervising all safety precautions and programs in connection with the performance of the Work. Contractor shall take reasonable precautions for the safety of, and shall provide reasonable protection to prevent damage, injury, or loss to: a. Persons performing the Work and other persons who may be affected by the Work; b. The Work and materials and equipment to be incorporated therein; and 37 3 c. Other property at the site or adjacent to the site, such as trees, shrubs, lawns, walks, pavement, roadways, structures and utilities. Contractor shall promptly remedy damage and loss to property caused in whole or in part by Contractor or any of its subcontractors, agents, or anyone directly or indirectly employed by any of them. 9. Acceptance of the Work. All of the Contractor’s work and labor shall be subject to the inspection and approval of the City. If any materials or labor are rejected by the City as defective or unsuitable, then the materials shall be removed and replaced with other approved materials and the labor shall be done to the satisfaction and approval of the City at the Contractor’s sole cost and expense. Contractor shall replace at Contractor’s expense any loss or damage to the Work, however caused, which occurs during the construction thereof or prior to the final delivery to and acceptance of the Work by the City. Any payment made to Contractor, shall not be construed as operating to relieve Contractor from responsibility for the construction and delivery of Work. Acceptance of the completed Work shall be evidenced only by a Certificate of Final Completion issued by the City, which shall state the date on which the City accepts the completed Work (the “Final Completion Date”). 10. Warranty. Contractor represents and warrants that it has the requisite training, skills, and experience necessary to complete the Work, is appropriately licensed by all applicable agencies and governmental entities, and will complete the Work in a manner consistent with the level of care and skill ordinarily exercised by professionals currently providing similar work. Contractor further represents and warrants to the City that the materials and equipment furnished under this Agreement are of good quality and new, unless this Agreement requires or permits otherwise. Contractor further warrants that the Work will conform to the requirements of this Agreement and will be free from defects. Work, materials, or equipment not conforming to these requirements may be considered defective. Contractor shall promptly correct any defective Work. Costs of correcting such defective Work, including additional testing and inspections, the cost of uncovering and replacement, and compensation for any additional services and expenses made necessary thereby, shall be at Contractor’s expense. Contractor’s warranty shall exclude remedy for damage or defect caused by abuse, alterations to the Work not executed by Contractor or its subcontractors, agents, or anyone hired or employed by any of them, improper or insufficient maintenance, improper operation or normal wear and tear under normal usage. 11. Guarantee. Contractor guarantees and agrees to maintain the stability of the Work and materials furnished and installed under this contract for a period of one year after the Final Completion Date (the “Guarantee Period”). Contractor agrees to perform fully all other guarantees as set forth in the specifications. If any of the Work is found to be not in accordance with the requirements of the Contract during the Guarantee Period, Contractor shall correct it promptly after receipt of notice from the City to do so. The City shall give such notice promptly after discovery of the condition. If Contractor fails to correct nonconforming Work within a reasonable time after receipt of notice from the City, the City may correct the Work at Contractor’s expense. The Guarantee Period shall be extended with respect to portions of Work first performed after the Final Completion Date by the period of time between final payment and the actual completion of that portion of the Work. The one-year period for correction of Work shall not be extended by corrective Work performed by Contractor pursuant to this Section. Nothing contained in this Section shall be construed to establish a period of limitation with respect to other obligations Contractor has under the Contract Documents. Establishment of the one-year period for 38 4 correction of Work as described in this Section relates only to the specific obligation of Contractor to correct the Work, and has no relationship to the time within which the obligation to comply with the Contract Documents may be sought to be enforced, nor to the time within which proceedings may be commenced to establish Contractor’s liability with respect to Contractor’s obligations other than specifically to correct the Work. 12. Termination. This Agreement shall remain in force and effect commencing from the effective date and continuing until the completion of all of the parties’ obligations hereunder, unless terminated by the City or amended pursuant to the Agreement. Notwithstanding any other provision hereof to the contrary, this Agreement may be terminated as follows: a. The parties, by mutual written agreement, may terminate this Agreement at any time; b. Contractor may terminate this Agreement in the event of a breach of the Agreement by the City upon providing thirty (30) days’ written notice to the City; c. The City may terminate this Agreement at any time at its option, for any reason or no reason at all; or d. The City may terminate this Agreement immediately upon Contractor’s failure to have in force any insurance required by this Agreement. In the event of a termination, the City shall pay Contractor for Work performed to the date of termination and for all costs or other expenses incurred prior to the date of termination. 13. Amendments. No amendments may be made to this Agreement except in a writing signed by both parties. 14. Remedies. In the event of a termination of this Agreement by the City because of a breach by Contractor, the City may complete the Work either by itself or by contract with other persons or entities, or any combination thereof. These remedies provided to the City for breach of this Agreement by Contractor shall not be exclusive. The City shall be entitled to exercise any one or more other legal or equitable remedies available because of Contractor’s breach. 15. Records/Inspection. Pursuant to Minnesota Statutes § 16C.05, subd. 5, Contractor agrees that the books, records, documents, and accounting procedures and practices of Contractor, that are relevant to the contract or transaction, are subject to examination by the City and the state auditor or legislative auditor for a minimum of six years. Contractor shall maintain such records for a minimum of six years after final payment. The parties agree that this obligation will survive the completion or termination of this Agreement. 10. Indemnification. To the fullest extent permitted by law, Contractor, and Contractor’s successors or assigns, agree to protect, defend, indemnify, save, and hold harmless the City, its officers, officials, agents, volunteers, and employees from any and all claims; lawsuits; causes of actions of any kind, nature, or character; damages; losses; and costs, disbursements, and expenses of defending the same, including but not limited to attorneys’ fees, professional services, and other technical, administrative or professional assistance resulting from or arising out of Contractor’s (or its subcontractors, agents, volunteers, members, invitees, representatives, or employees) performance of the duties required by or arising from this Agreement, or caused in whole or in part by any negligent act or omission or willful misconduct by Contractor, or arising out of Contractor’s failure to obtain or maintain the insurance required by this Agreement. Nothing in this Agreement shall constitute a waiver or limitation of any immunity or limitation on liability to 39 5 which the City is entitled. The parties agree that these indemnification obligations shall survive the completion or termination of this Agreement. 11. Insurance. Contractor shall maintain reasonable insurance coverage throughout this Agreement. Contractor agrees that before any work related to the approved project can be performed, Contractor shall maintain at a minimum: a. Worker’s Compensation Insurance as required by Minnesota Statutes, section 176.181; b. Business Auto Liability covering vehicles owned by Contractor and non-owned vehicles used by Contractor, with policy limits not less than $1,000,000.00 per accident, for bodily injury, death of any person, and property damage arising out of the ownership, maintenance, and use of such motor vehicles, along with any statutorily required automobile coverage; c. Commercial General Liability in an amount of not less than $1,000,000.00 per occurrence, $2,000,000 general aggregate, and $2,000,000 for products-completed operations hazard, providing coverage for claims including: i. Damages because of bodily injury, sickness or disease, including occupational sickness or disease, and death of any person; ii. Personal and advertising injury; iii. Damages because of physical damage to or destruction of property, including loss of use of such property; iv. Bodily injury or property damage arising out of completed operations; and v. Contractor’s indemnity obligations under this Agreement. To meet the Commercial General Liability and Business Auto Liability requirements, Contractor may use a combination of Excess and Umbrella coverage. Prior to commencement of the Work, Contractor shall provide the City with a current certificate of insurance including the following language: “The City of Golden Valley is named as an additional insured with respect to the commercial general liability, business automobile liability and umbrella or excess liability, as required by the contract. The umbrella or excess liability policy follows form on all underlying coverages.” Such certificate of liability insurance shall list the City as an additional insured and contain a statement that such policies of insurance shall not be canceled or amended unless 30 days’ written notice is provided to the City, or 10 days’ written notice in the case of non-payment. 12. Compliance with State Withholding Tax. Before final payment is made for the Work on this project, Contractor must make a satisfactory showing that it has complied with the provisions of Minnesota Statutes, section 290.92 requiring the withholding of State Income Tax for wages paid employees on this project by providing to the City Engineer a Certificate of Compliance from the Commissioner of Taxation. Contractor is advised that before such Certificate can be issued, Contractor must first place on file with the Commissioner of Taxation an affidavit, in the form of an IC-134, that Contractor has complied with the provisions of Minnesota Statutes Section 290.92. 13. Performance and Payment Bond. Prior to Commencement of the Work, Contractor shall make, execute and deliver to the City corporate surety bonds in a form acceptable to the City, in the sum of $21,034.12 for the use of the City and of all persons furnishing labor, skill, tools, machinery or materials to the project. Said bonds shall secure the faithful performance and payment of the Contract by the 40 6 Contractor and shall be conditioned as required by law. This Agreement shall not become effective unless and until said bonds have been received and approved by the City. 14. Assignment. Neither the City nor Contractor shall assign this Agreement or any rights under or interest in this Agreement, in whole or in part, without the other party’s prior written consent. Any assignment in violation of this provision is null and void. Neither the City nor Contractor shall assign, or transfer any rights under or interest (including, but without limitation, moneys that may become due or moneys that are due) in the Agreement without the written consent of the other except to the extent that the effect of this limitation may be restricted by law. Unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under this Agreement. Nothing contained in this paragraph shall prevent Contractor from employing such independent consultants, associates, and subcontractors, as it may deem appropriate to assist it in the performance of the Work required by this Agreement. Any instrument in violation of this provision is null and void. 15. Independent Contractor. Contractor is an independent contractor. Contractor’s duties shall be performed with the understanding that Contractor has special expertise as to the Work which Contractor is to perform and is customarily engaged in the independent performance of the same or similar work for others. Contractor shall provide or contract for all required equipment and personnel. Contractor shall control the manner in which the Work is performed; however, the nature of the Work and the results to be achieved shall be specified by the City. The parties agree that this is not a joint venture and the parties are not co-partners. Contractor is not an employee or agent of the City and has no authority to make any binding commitments or obligations on behalf of the City except to the extent expressly provided in this Agreement. All Work provided by Contractor pursuant to this Agreement shall be provided by Contractor as an independent contractor and not as an employee of the City for any purpose, including but not limited to: income tax withholding, workers' compensation, unemployment compensation, FICA taxes, liability for torts and eligibility for employee benefits. 16. Compliance with Laws. Contractor shall exercise due professional care to comply with applicable federal, state and local laws, rules, ordinances and regulations in effect as of the Effective Date. Contractor’s guests, invitees, members, officers, officials, agents, employees, volunteers, representatives, and subcontractors shall abide by the City’s policies prohibiting sexual harassment and tobacco, drug, and alcohol use as defined on the City’s Tobacco, Drug, and Alcohol Policy, as well as all other reasonable work rules, safety rules, or policies, and procedures regulating the conduct of persons on City property, at all times while performing duties pursuant to this Agreement. Contractor agrees and understands that a violation of any of these policies, procedures, or rules constitutes a breach of the Agreement and sufficient grounds for immediate termination of the Agreement by the City. 17. Entire Agreement. The Contract Documents shall constitute the entire agreement between the City and Contractor, and supersede any other written or oral agreements between the City and Contractor. 18. Third Party Rights. The parties to this Agreement do not intend to confer any rights under this Agreement on any third party. 19. Choice of Law and Venue. This Agreement shall be governed by and construed in accordance with the laws of the state of Minnesota. Any disputes, controversies, or claims arising out of this Agreement shall be heard in the state or federal courts of Hennepin County, Minnesota, and all parties to this 41 7 Agreement waive any objection to the jurisdiction of these courts, whether based on convenience or otherwise. 20. Work Products and Ownership of Documents. All records, information, materials and other work products, including, but not limited to the completed reports, drawings, plans, and specifications prepared and developed in connection with the provision of the Work pursuant to this Agreement shall become the property of the City, but reproductions of such records, information, materials and other work products in whole or in part may be retained by Contractor. Regardless of when such information was provided, Contractor agrees that it will not disclose for any purpose any information Contractor has obtained arising out of or related to this Agreement, except as authorized by the City or as required by law. These obligations survive the termination of this Agreement. 21. Conflict of Interest. Contractor shall use reasonable care to avoid conflicts of interest and appearances of impropriety in representation of the City. In the event of a conflict of interest, Contractor shall advise the City and, either secure a waiver of the conflict, or advise the City that it will be unable to provide the requested Work. 22. Agreement Not Exclusive. The City retains the right to hire other professionals, contractors and service providers for this or other matters, in the City’s sole discretion. 23. Data Practices Act Compliance. Any and all data provided to Contractor, received from Contractor, created, collected, received, stored, used, maintained, or disseminated by Contractor pursuant to this Agreement shall be administered in accordance with, and is subject to the requirements of the Minnesota Government Data Practices Act, Minnesota Statutes, Chapter 13. Contractor agrees to notify the City within three business days if it receives a data request from a third party. This paragraph does not create a duty on the part of Contractor to provide access to public data to the public if the public data are available from the City, except as required by the terms of this Agreement. These obligations shall survive the termination or completion of this Agreement. 24. No Discrimination. Contractor agrees not to discriminate in providing the Work under this Agreement on the basis of race, color, sex, creed, national origin, disability, age, sexual orientation, status with regard to public assistance, or religion. Violation of any part of this provision may lead to immediate termination of this Agreement. Contractor agrees to comply with Americans with Disabilities Act as amended (“ADA”), section 504 of the Rehabilitation Act of 1973, and the Minnesota Human Rights Act, Minnesota Statutes, Chapter 363A. Contractor agrees to hold harmless and indemnify the City from costs, including but not limited to damages, attorneys’ fees and staff time, in any action or proceeding brought alleging a violation of these laws by Contractor or its guests, invitees, members, officers, officials, agents, employees, volunteers, representatives and subcontractors. Upon request, Contractor shall provide accommodation to allow individuals with disabilities to participate in all Work under this Agreement. Contractor agrees to utilize its own auxiliary aid or service in order to comply with ADA requirements for effective communication with individuals with disabilities. 25. Authorized Agents. The City’s authorized agent for purposes of administration of this contract is John Peterson, or designee. Contractor’s authorized agent for purposes of administration of this contract is Brandon Hass, or designee who shall perform or supervise the performance of all Work. 42 8 26. Notices. Any notices permitted or required by this Agreement shall be deemed given when personally delivered or upon deposit in the United States mail, postage fully prepaid, certified, return receipt requested, addressed to: CONTRACTOR THE CITY Intereum 9800 8th Ave N Plymouth, MN 55441 Brandon Hess bhess@intereum.com City of Golden Valley 7800 Golden Valley Road Golden Valley, MN 55427 John Peterson jpeterson@goldenvalleymn.gov or such other contact information as either party may provide to the other by notice given in accordance with this provision. 26. Waiver. No waiver of any provision or of any breach of this Agreement shall constitute a waiver of any other provisions or any other or further breach, and no such waiver shall be effective unless made in writing and signed by an authorized representative of the party to be charged with such a waiver. 27. Headings. The headings contained in this Agreement have been inserted for convenience of reference only and shall in no way define, limit or affect the scope and intent of this Agreement. 28. Payment of Subcontractors. Contractor agrees to pay all laborers employed and all subcontractors furnishing material to Contractor in the performance of this contract. If Contractor fails to pay any claims and demands for labor and materials, the City may apply the monies due to Contractor toward paying and satisfying such claims and demands. The City has the right to apply monies due to Contractor towards paying any accrued indebtedness or any claim which may hereafter come due against Contractor. The amount of such payments shall be deducted from the balance due to the Contractor; provided that nothing herein nor any variation from the amounts and timing of the installments shall be construed as impairing the right of the City or of those to whose benefit the bond herein agreed upon shall insure, to hold Contractor or surety liable on the bond for any breach of the conditions of the same nor as imposing upon the City any obligation to laborers, materialmen, contractors, or sureties to pay or to retain for their benefit any monies coming to the contractor hereunder. Pursuant to Minnesota Statutes, Section 471.425, Subdivision 4(a), Contractor must pay any subcontractor within ten (10) days of Contractor’s receipt of payment from the City for undisputed services provided by the subcontractor. Contractor must pay interest of one and one-half percent (1½%) per month or any part of a month to the subcontractor on any undisputed amount not paid on time to the subcontractor. The minimum monthly interest penalty payment for an unpaid balance of $100.00 or more is $10.00. For an unpaid balance of less than $100.00, Contractor shall pay the actual penalty due to the subcontractor. A subcontractor who prevails in a civil action to collect interest penalties from the Contractor shall be awarded its costs and disbursements, including attorney’s fees, incurred in bringing the action. 29. Severability. In the event that any provision of this Agreement shall be illegal or otherwise unenforceable, such provision shall be severed, and the balance of the Agreement shall continue in full force and effect. 43 9 30. Signatory. Each person executing this Agreement (“Signatory”) represents and warrants that they are duly authorized to sign on behalf of their respective organization. In the event Contractor did not authorize the Signatory to sign on its behalf, the Signatory agrees to assume responsibility for the duties and liability of Contractor, described in this Agreement, personally. 31. Counterparts and Electronic Communication. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument. This Agreement may be transmitted by electronic mail in portable document format (pdf) and signatures appearing on electronic mail instruments shall be treated as original signatures. 32. Recitals. The City and Contractor agree that the Recitals are true and correct and are fully incorporated into this Agreement. IN WITNESS WHEREOF, the City and Contractor have caused this Independent Contractor Agreement to be executed by their duly authorized representatives in duplicate on the respective dates indicated below. _______________________________: CITY OF GOLDEN VALLEY: By: _________________________________ Name: ______________________________ Title: _______________________________ By: _________________________________ Shepard M. Harris, Mayor By: _________________________________ Timothy J. Cruikshank, City Manager 44 10 EXHIBIT A SCOPE OF WORK PROJECT SUMMARY & SCOPE OF WORK PART 1 - GENERAL 1.01 ARTICLE A. The City of Golden Valley, MN, requires the installation of an audiovisual presentation and conferencing system in the Chambers Conference room. B. This section covers the requirements for a Contractor to provide equipment for demolition of the existing AV system, and install, an integrated audiovisual system. The work covered in this document consists of furnishing all labor, material, and services necessary to install a complete audiovisual system as indicated on the project drawings and in these specifications. C. The Contractor is responsible for all subsequent design and engineering not included within the RFP documents. The Contractor is responsible for providing all components necessary for a complete and operational system. D. The Contractor shall supply accessories and minor equipment items needed for a complete system, even if not specifically mentioned herein or on the drawings, such as adapters, power supplies, mounting hardware dongles, software licenses, etc. E. Before purchasing materials or commencing any construction activities, the Contractor shall provide the Consultant and Owner with a complete bill of materials, including all quantities of components, devices, equipment, and wiring required to complete this work. Contractor shall submit product data, including manufacturer’s data sheets, for all system components that deviate from the original equipment list. Submittals to be PDF’s with all specific items indicated and any options highlighted. F. Scheduling: All Division 27 contractors are responsible for coordinating work with the Owner, Architect, and Consultant. 1.02 RELATED WORK A. 01 00 00 General Requirements B. 27 40 00 Audiovisual Systems General Requirements C. 27 40 05 Submittals and Closeouts 1.03 CODES AND STANDARDS A. Install the system in conformance to the current versions of the following standards: 1. BICSI’s Telecommunications Distribution Methods Manual (TDMM) 9th Edition 2. Infocomm’s AV Installation Handbook 2nd Edition 3. Philip Giddings. Audio System Design and Installation. Indianapolis: Howard W. Sams & Co., 1990. 45 11 4. Federal Communications Commission 5. Underwriters Laboratories 6. National Electric Code ANSI/NFPA-70, (Especially Articles 250, 770 and 800). 7. NFPA 101 - Life Safety Code 8. In accordance with standard industry practice 1.04 SYSTEM DESCRIPTION AND OPERATION – CONFERENCE ROOM A. The conference room shall provide technology that allows users to present content using a user provided laptop or mobile device, and overflow audio and video from the Council Chambers across the hall. B. The room will be equipped with a PTZ camera and a ceiling microphone to enable users to participate in hybrid meetings using the Microsoft Teams Room appliance. C. An 86-inch display will serve as the main display in the conference room. D. Wireless Presentation System: Two (2) wireless dongles shall allow for wireless presentations. E. The audio system will utilize a digital signal processor (DSP) system for all audio routing and mixing. The DSP shall provide DANTE network capability, and acoustic echo canceling (AEC) capability. F. The conference room shall have one ceiling mounted microphone array. The microphone array shall support DANTE and AES67 networked audio protocols. G. A new amplifier be mounted behind the display and will power the existing ceiling speakers. H. One (1) 7-inch wall mounted touch panel shall be provided for the operation of the MS Teams Room system. I. Control processor shall integrate with the MS Team Room System and provide advanced controls for switching the display, volume, and occupancy sensor controls. J. Ceiling mounted occupancy sensor shall allow for the room to turn on and off automatically. Work with the owner to determine the on / off times. K. Touch panel shall include the following advanced user control functions: 1. Source selection: Teams Room PC, or Council Chambers Overflow 2. Audio Controls: Volume Up / Down, Mute, For Chambers Audio 1.05 OWNER FURNISHED EQUIPMENT A. Certain equipment identified as Owner Furnished Equipment (OFE) shall be turned over to The Contractor before installation. The Contractor shall coordinate pickup and or delivery of equipment with the owner. B. The Contractor must provide a complete inventory of the equipment along with serial numbers, pictures, and condition to the Owner as a receipt of the equipment. Any repair service required 46 12 is outside of this scope. C. Existing Owner Furnished Equipment (OFE) as part of this system: 1. Existing Ceiling Speakers – QTY 4 2. Room PC – to be mounted behind display. – QTY 1 3. Visionary Solutions Decoder – Council Chambers Overflow – QTY 1 47 13 EXHIBIT B PLANS AND SPECIFICATIONS PRODUCTS 2.01 GENERAL A. Refer to Appendix A - Audiovisual Equipment Schedule for products listed as a basis of design. Alternative products will be considered and shall be submitted for prior approval a minimum of twelve (12) calendar days prior to the bid. B. All equipment and materials shall have the original manufacturers' warranty. Take care during installation to prevent scratches, dents, chips, etc. 2.02 CABLING A. Installed Microphone: Audio cable, 1 pair 22 AWG stranded tinned copper pair, FEP insulation, foil shield, drain, plenum flamarrest jacket, available in 10 colors – Belden 9451P, or pre- approved equal. B. Installed Line Level: Audio cable, 1 pair 22 AWG stranded tinned copper pair, FEP insulation, foil shield, drain, plenum flamarrest jacket, available in 10 colors – Belden 9451P, or pre-approved equal. C. Speaker 70V: Unshielded speaker cable, Plenum-CMP 2-16 AWG stranded bare copper conductors with flamarrest insulation, flamarrest jacket with ripcord, available in 11 colors – Belden 6200E, or pre-approved equal. D. UTP: CAT6+ (350MHz), 4-Pair, U/UTP-unshielded, Plenum-CMP, Premise Horizontal Cable, 23 AWG solid bare copper conductors, dual FRPO/FEP insulation, tape separator, ripcord, flamarrest jacket, available in 11 colors – Belden 2413, or pre-approved equal. E. STP: CAT6A (625MHz), 4-Bonded-Pair, F/UTP-foil shielded, Plenum-CMP, Premise Horizontal Cable, 23 AWG solid annealed bare copper conductors, FEP insulation, tap separator, ripcord, available in 5 colors – Liberty 23-4P-P-L6ASH-BLU, or pre-approved equal. F. Control: Plenum-CMP, 8-22 AWG stranded bare copper conductors with flamarrest insulation, foil shield, and flamarrest jacket with ripcord, available in 4 colors – Belden 6506FE, or pre- approved equal. G. CATV Coax Cables: CATV Video, series 6, 18 AWG solid bare copper-covered steel conductor, foam FEP insulation, duobond IV quad shield (Foil + 60% braid + Foil + 40% braid), Plenum, PVC Jacket – Belden 1189A, or pre-approved equal. 2.03 CONNECTORS A. UTP Keystones: Unshielded, Category 6A keystone jack, 8-position, 180-degree exit, icon compatible, T568A/B wiring – Ortronics KT2J6A-88, or pre-approved equal. B. STP Keystones: Shielded, ANSI/TIA-C.2.1 Category 6A, Krone/110 universal IDC, 180-degree format, 750 minimum mating lifecycle – Liberty 1A8TPZA0, or pre-approved equal. 48 14 C. XLR: Nickel-plated shell with silver contacts, solder contacts max wire size 14 AWG polyurethane boot available and male and female configurations - Neutrik NC3MXX or NC3FXX, or pre- approved equal. D. F Connector: F male one-piece compression, RG-6 quad shield, tin-plated brass terminal, tin- plated beryllium copper contact – Belden SNS1P6QS, or pre-approved equal. E. ¼ TRS: Narrow-profile shell, chuck strain relief, nick-plated diecast shell, ¼” phone connector for solder termination of three-conductor cables – Neutrik NP3X, or pre-approved equal. 2.04 MODULAR WALL PLATES A. Available in thermoplastic and stainless steel. B. Identification strips to be printed labels, provide black font on white background. C. Available in single-gang configurations with up to six (6) keystones. D. Available in dual-gang configurations with eight (8) keystones. E. Keystone faceplate for UTP, STP, data, HDBaseT, and DigitalMedia connections. 1. Single-gang, four (4) keystone faceplate with label field – Ortronics Techchoice OR-KSFP4-88, or pre-approved equal. 2. Single-gang, two (2) keystone faceplate with label field – Ortronics Techchoice OR-KSFP2-88, or pre-approved equal 2.05 PATCH CORDS A. UTP Cat6: Snagless unshielded (UTP) Cat6A patch cable, ANSI/TIA 568 C.2 Cat6A tested, wiring scheme 568B, stranded UTP, PVC jacket, available in eleven (11) colors, available in twenty-two (22) lengths – C2G Cat6a Snagless Unshielded (UTP Ethernet Patch Cable, or pre-approved equal. B. HDMI: Support video resolutions up to 4K (4096x2160 at 60Hz, 4:4:4), the nominal velocity of propagation 10.2Gbps, HDMI ethernet channel, CEC system control compatibility, available in eleven (11) lengths – C2G High-Speed HDMI Cable with Ethernet – 4K 60Hz, or pre-approved equal. EXECUTION 3.01 GENERAL A. All equipment and materials shall be new. Take care during installation to prevent damage such as scratches, dents, chips, etc. B. All equipment and enclosures must be mounted plumb and square. Any permanently mounted equipment shall be firmly and securely held in place with support loads imposed for a safety factor of at least three. C. Pass-through cable hole edges in chassis, racks, boxes, etc. must be covered with rubber grommet by Middle Atlantic 49 15 3.02 EQUIPMENT RACKS AND CONSOLES A. Wiring at the rear of the rack: Locate AC power wiring to the left; line-level audio, video, and RF wiring on the right. B. Unused rack spaces shall be filled with steel flanged black powered coated panels: Middle Atlantic EB series or approved equal. C. Panels or equipment mounted to the rear rack rails should not block access to front-mounted equipment. D. Hook and loop straps shall be used for all control room wiring to strap and secure cables. The hook and loop straps should be spaced evenly throughout the dressed length. 3.03 SYSTEM WIRING A. Racks must be wired following the AVIXA F502.01:2018 Rack Building for Audiovisual Systems standard. B. Provide adequate service loops so that equipment mounted on casters or furniture pads may be pulled out fully, to their locked position without straining the cable. C. General Equipment and Cable Labeling: 1. Electronic printed labels on the front and rear of active equipment mounted in the racks. Mount labels in a neat and plumb manner. 2. Printed labels to have 1/8” high characters minimum. Labels to be black with white characters except where indicated. 3. Cables and wiring to be logically, legibly, and permanently labeled for easy identification. Handwritten or self-laminating labels are not acceptable. 4. Wiring designations to be an alpha-numeric code that is unique for each cable. Locate the cable designation at the start and end of each cable within 3” inches of the point of termination or connection. Add cable designation codes to system schematic drawings included with record documentation. 3.04 TESTS AND ADJUSTMENTS A. Upon completion of the installation phase, test and adjust the system to ensure proper operation using the test plan submitted in Section 27 40 05. B. Test each available function and feature of the system. C. Make appropriate correction(s) and adjustments as required. 3.05 TEST EQUIPMENT A. Provide the following equipment on-site for final acceptance testing: 1. Audio Line Tester/Cable Tester/ Test Tone Generator: Whirlwind QBOX 2. Acoustical signal generator meeting IEC 60268-16 with STIPA test signal and spoken 50 16 messages. Calibrated level output, ±1 dB flatness from 100 Hz to 10kHZ: NTI Talkbox 3. Sound level meter, spectrum analyzer, and STIPA analyzer, battery-powered – NTI XL2 Audio and Acoustic Analyzer 4. Video generator providing 4K60 4:4:4 output, EDID emulation, HDCP, and CEC – Quantum Data 780E 3.06 TRAINING A. Provide a minimum of two (2) hours of systems operation and maintenance support sessions to the Owner, and sessions will the following: 1. Three (3) separate sessions for the presentation video system by an instructor fully knowledgeable and qualified in system operation. Reference manuals should be complete and onsite during sessions. 3.07 RECORD DOCUMENTATION 1. Provide two (2) complete hard copy systems guides that containing the following: 1. Laminated As-built system function block diagrams, to be left behind the display. 2. Laminated Audio/Visual presentation system operation guide, to be left in the room. 3. Name, address, and phone number of the responsible service organization B. Provide electronic PDF documentation and configuration files via electronic communication or USB storage media containing the following: 1. As-built system function block diagrams in PDF form 2. As-built system function block diagrams in DWG format 3. Cable run list with cable numbers, cable source, and cable destination, in editable format 4. Audio/Visual presentation system operation guide 5. Name, address, and phone number of the responsible service organization 6. Equipment manuals 7. Uncompiled control system code 8. The current version of the DSP configuration software and configuration file 9. Training video on system operation and use. 10. Final equipment list including serial numbers and IP address information 3.08 FINAL CHECKOUT AND ACCEPTANCE A. Demonstrate the operation and use of the system to the Consultant and to the Owner's representatives at the time of the final inspection. 51 17 B. Verify that the system installation is complete and fully operational. C. Verify that the Owner training is complete. D. Turn complete as-built documentation over to the Owner. E. Final acceptance of the system will be given upon completion of all the above requirements. 3.09 SYSTEM WARRANTY A. The Contractor will, in conjunction with the system manufacturer, provide a complete part and labor warranty for the system. The warranty period will commence on the date of final acceptance and will continue for one (1) year. During this period, The Contractor will provide all materials and labor required to correct any system malfunction or failure at no charge to the owner. This warranty will cover any system malfunction or failure except those that are caused by negligence, abuse, or misuse. B. During the warranty period, The Contractor shall provide the following response times for system issues: 1. Email response: Email is considered a low priority service issue; a response within 24hrs of the initial email is required. 2. Phone response: Phone calls are considered a high priority service issue; a call back is required within two (2) business hours of the initial phone call. If an issue is unable to be resolved during the phone call, an on-site service visit is required. 3. On-Site response: If during the initial support phone call, an on-site visit is determined to be needed, The Contractor shall provide onsite service within eight (8) business hours to correct the problem and coordinate and RMA’s as needed. 3.10 MAINTENANCE A. The Contractor will be a local authorized service agent for the system and will maintain a local service center within 25 miles. Service technicians must be available to perform testing, inspection, maintenance, and repair of the system. Provide name and contact information for the assigned service technician assigned to the City. The service technician shall be someone knowledgeable in system operation. B. Provide pricing for a second- and third-year maintenance contract. The maintenance contract should include two (2) preventative maintenance visits done per year. Response times during the maintenance period should meet or exceed response times of the initial one-year warranty. END OF SECTION 52 EXHIBIT C AUDIOVISUAL EQUIPMENT SCHEDULE MFG Model / Description Qt y Unit Price Ext. Price NEC C860Q-AVT3 86” LED LCD Public Display Monitor w/ Tuner 1 Chief XSM1U X-Large Fusion Micro-Adjustable Fixed Wall Mount 1 Chief FCAV1U Fusion Pull Out Accessory 1 Chief FCA810 Fusion 8” Above/Below Shelf for XL Displays 1 Chief CSSSLP15X10 Proximity Component Storage Slide-Lock Panel 4 Yealink MVC860-C2-000 Native MS Teams System for Medium-Large Rooms 1 Yealink USB2CAT5E-EXT USB Extender through CAT5E 1 Yealink WPP20 Wireless Sharing 2 Shure MXA920W- S+P300-V Bundle: 1 MXA920W-S and 1 P300-IMX 1 Extron 60-1429-01 IP Link Control Processor 1 Extron 60-1664-01 OCS 100C Ceiling Mount Occ Sensor 1 Extron 60-1449-01 70V Mono Amp 60 Watts 1 Netgear GS110EMX- 100NAS 8-Port Smart Managed Plus Gigabit Switch 1 END OF SECTION EXHIBIT D PLAN INDEX AND SYMBOL SHEET – AUTOCAD 53 Request for Quote Audio / Video upgrade - City Hall Council Conference Room Site visits: Monday May 15, 2023, at 1:30pm Quotes Due: Monday June 5, 2023, by 3:30pm For questions contact: FinePoint Tech David Soukup Principal Consultant (612) 254-7345 City of Golden Valley John Peterson Information Technology Manager (763) 593-8015 54 PROPOSAL The undersigned hereby certifies that an examination has been made of the scope and location of work and hereby proposes to furnish all necessary machinery, equipment, tools, labor and other means of construction and to furnish all materials specified in the manner and at the time prescribe; and understands that the quantities of work shown herein are approximate only and are subject to increase or decrease; and further understands all quantities of work, whether increased or decreased, are to be performed at the following unit prices. $ Company Name Phone Number Address Email Name Title Signature Date * Proposals are good for 60 days. The City of Golden Valley reserves the right to reject any and all proposals. 55 EXECUTIVE SUMMARY City Administration 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3C.4. Approve Purchase from AIM Electronics for the Electric Sign Board Replacement for City Hall Prepared By John Peterson, IT Manager Summary To promote City and community events, in 2013 the City of Golden Valley installed an electronic message board on the Civic Center campus at the intersection of Winnetka Ave and Golden Valley Rd. The board displays upcoming City meetings and events as well as community events that meet guidelines for accessibility and public interest. The existing outdoor display has reached the end of its useful life cycle. It is 10 years old, has outdated technology, and is limited in overall functionality, including the inability for staff to post and control announcements remotely. The new display comes with a broad range of functionality, improved graphics and transitions, and enhanced scheduling ability. Along with functionality improvements, the replacement introduces an updated LED display to improve overall visibility and allow video messages. Finally, the new display will feature a larger display area by increasing in height, allowing for more space when creating more detailed announcements. Included with this memo is the electronic message board user policy, vendor quote, display technical specifications, and a rendering to show an increased height of the electronic display. The overall cabinet will not change in size. To accommodate the new display, the existing cabinet will need to be removed and reworked. AIM Electronics estimated the fabrication will take one to two weeks, leaving no outdoor display during that time. Financial or Budget Considerations The monies will come from the 3 percent lodging tax fund that will be used for branding. The quote from Aim Electronics is attached, and the price of the display, cabinet installation, and training total $46,290. Legal Considerations Staff solicited solutions by cold calling multiple vendors around the state, eventually finding two 56 solutions that meet our goals. Staff chose the vendor using the competitive low quote process. Equity Considerations Replacing the existing outdoor message display will provide ease of use for staff and enhanced messaging for all Golden Valley residents and visitors. Recommended Action Motion to authorize the Mayor and City Manager to execute the purchase agreement for Daktronics GT6X-135x180-8mm from AIM Electronics of Eden Prairie, MN for replacement of the Electric Sign Board for City Hall. Supporting Documents Electronic Message Board User Policy AIM Electronics Quote GT6 Model Specifications Galaxy GT6x 8 MM City of Golden Valley - Daktronics Rendering 57 7800 Golden Valley Road • Golden Valley, MN 55427 • www.goldenvalleymn.gov 763-593-8004 • cweiler@goldenvalleymn.gov Electronic Message Board User Policy The purpose of the electronic message board at the City of Golden Valley Civic Center Campus (intersection of Winnetka Ave and Golden Valley Rd) is to communicate City of Golden Valley and community information to Golden Valley residents and businesses. Community information is posted when a request is submitted to the City according to the guidelines of this policy. Message Request Requirements • A request to display a message does not guarantee the message will run. • Groups may request to display a message that communicates a specific event. The message must contain a title, location, date, time, and the group’s name. • The event must be open to the public, be for the betterment of the community, and be pertinent to Golden Valley residents and/or businesses. • Messages other than a specific event may be requested but will be posted at the discretion of the City of Golden Valley. • Messages will conform to the City’s electronic sign ordinance. • Each message is limited in length to what will fit on a single view of the sign. • The City of Golden Valley reserves the right to edit message information for space, clarity, and content. • Message wording must be submitted in writing. A contact name and phone number must be included on all requests. • Message requests should be submitted at least two weeks before the message needs to begin running. • The City of Golden Valley reserves the right to determine the length of time messages are displayed. • One message per group will be displayed on the message board at one time. Additional messages submitted will need to be approved by the City of Golden Valley. • City-sponsored events and activities have first priority. Second priority goes to programs or organizations in which the City has a direct financial involvement or is partnering with to advance a particular initiative or program. Examples Of Acceptable Community Information Sources • Golden Valley non-profit service organizations such as the Rotary, Lions, Optimists, etc • Public schools located in or that serve Golden Valley (Hopkins District 270, Robbinsdale District 281, and Perpich Center for Arts Education) • Athletic associations that work in conjunction with the Golden Valley Parks and Recreation Department • Other Golden Valley non-profit groups Submit message board requests in writing to: City of Golden Valley, Communications, 7800 Golden Valley Rd, Golden Valley, MN 55427 or via e-mail to communications@goldenvalleymn.gov. Questions? Contact the City communications director at 763-593-8004 or cweiler@goldenvalleymn.gov. 58 59 60 GALAXY® GT6x 8 MM PRODUCT SPECIFICATIONS 201 Daktronics Drive PO Box 5128 Brookings, SD 57006-5128 tel 888-325-7446 605-692-0200 ext. 57220 fax 605-692-0381 www.daktronics.com email commercial@daktronics.com Copyright © 2019 Daktronics DD4008961 Rev02 100819 Page 1 of 3 The Galaxy® GT6x offers high-value Galaxy features combined with high-resolution 8 mm surface mount LED technology to provide high- quality images. 8 MM TECHNICAL SPECIFICATIONS Character Height: 2" (7 pixel font) Line Spacing: 8.13 mm (0.3") Pixel Configuration: 3-in-1 SMD Maximum Brightness: 8,000 nits Full Color Capability: 281 trillion colors Viewing Angle: 160 degrees horizontal x 70 degrees vertical Min Viewing Distance: 18' (8 mm) PRODUCT FEATURES • All sealed components • Quick connects • Mounting clips • High-contrast louvers • Redundant module signal • Single-section cabinet for fast installation • Front ventilation • Single-step module removal • Shallow 7" cabinet depth • Narrow cabinet borders Estimated LED Lifetime: 100,000+ hours Contrast Enhancement: Non-reflective black louvers and module face grooves disperse light Message Capability: Text, graphics, logos, basic animation, video clips, multiple font styles, and sizes Control Software: Venus® Control Suite Power: 120, 120/240 VAC Single Phase Display Dimming: 64 levels (Automatic, scheduled or manual control) Communication Options: Ethernet Fiber Optic, Ethernet Bridge Radio, Remote Cellular, Ethernet CAT5 Operating Temperature: -40°F to 120°F with 99% RH non-condensing Compliance Information: UL Listed, FCC compliance GT6x SERIES SPECIFICATIONS DISPLAY CONFIGURATIONS Single-face (SF) Available in all sizes Two-view (2V) Available in all sizes MODEL NUMBER GUIDE GT6x -90 x 135 -8 -RGB -SF SeriesLines HighColumns WideLine SpacingLED ColorSingle Face or Two View61 GALAXY® GT6x 8 MM PRODUCT SPECIFICATIONS Copyright © 2019 Daktronics DD4008961 Rev02 100819 Page 2 of 3 Lines x Columns Sections/Ventilated Cabinet Dimensions Feet-InchesH x W x D Cabinet Dimensions MetersH x W x D Cabinet Square Feet(Square Meters) Active Area Square Feet(Square Meters) Cabinet WeightPounds (kilograms) Lines/ Characters per line Character Height Maximum Watts RGB 90x135 Single/Ft 2'11'' x 3'11'' x 7''0.89 x 1.18 x 0.18 11.2 (1.1)8.7 (0.9)90 (41)11/27 2'' - 35''630 90x180 Single/Ft 2'11'' x 5'1'' x 7''0.89 x 1.54 x 0.18 14.6 (1.4)11.6 (1.2)125 (57)11/36 2'' - 35''825 90x225 Single/Ft 2'11'' x 6'3'' x 7''0.89 x 1.91 x 0.18 18.1 (1.7)14.4 (1.5)155 (71)11/45 2'' - 35''1020 90x270 Single/Ft 2'11'' x 7'6'' x 7''0.89 x 2.28 x 0.18 21.6 (2.0)17.3 (1.8)185 (84)11/54 2'' - 35''1215 90x315 Single/Ft 2'11'' x 8'8'' x 7''0.89 x 2.64 x 0.18 25.1 (2.3)20.2 (2.1)215 (98)11/63 2'' - 35''1410 90x360 Single/Ft 2'11'' x 9'11'' x 7''0.89 x 3.01 x 0.18 28.6 (2.7)23.1 (2.4)245 (112)11/72 2'' - 35''1610 90x405 Single/Ft 2'11'' x 11'1'' x 7''0.89 x 3.37 x 0.18 32.0 (3.0)26.0 (2.6)275 (125)11/81 2'' - 35''1805 90x450 Single/Ft 2'11'' x 12'3'' x 7''0.89 x 3.74 x 0.18 35.5 (3.3)28.8 (3.0)305 (139)11/90 2'' - 35''2000 90x495 Single/Ft 2'11'' x 13'6'' x 7''0.89 x 4.1 x 0.18 39.0 (3.6)31.7 (3.3)335 (152)11/99 2'' - 35''2195 90x540 Single/Ft 2'11'' x 14'8'' x 7''0.89 x 4.47 x 0.18 42.5 (4.0)34.6 (3.5)365 (166)11/108 2'' - 35''2390 90x585 Single/Ft 2'11'' x 15'11'' x 7''0.89 x 4.84 x 0.18 46.0 (4.3)37.5 (3.8)395 (180)11/117 2'' - 35''2585 90x630 Single/Ft 2'11'' x 17'1'' x 7''0.89 x 5.2 x 0.18 49.4 (4.6)40.4 (4.2)425 (193)11/126 2'' - 35''2780 90x675 Single/Ft 2'11'' x 18'3'' x 7''0.89 x 5.57 x 0.18 52.9 (5.0)43.2 (4.4)455 (207)11/135 2'' - 35''2975 90x720 Single/Ft 2'11'' x 19'6'' x 7''0.89 x 5.93 x 0.18 56.4 (5.3)46.1 (4.7)485 (220)11/144 2'' - 35''3170 90x765 Single/Ft 2'11'' x 20'8'' x 7''0.89 x 6.3 x 0.18 59.9 (5.6)49.0 (5.0)515 (234)11/153 2'' - 35''3365 90x810 Single/Ft 2'11'' x 21'11'' x 7''0.89 x 6.66 x 0.18 63.4 (5.9)51.9 (5.3)545 (248)11/162 2'' - 35''3560 90x855 Single/Ft 2'11'' x 23'1'' x 7''0.89 x 7.03 x 0.18 66.8 (6.3)54.8 (5.6)575 (261)11/171 2'' - 35''3755 90x900 Single/Ft 2'11'' x 24'3'' x 7''0.89 x 7.4 x 0.18 70.3 (6.6)57.6 (5.9)605 (275)11/180 2'' - 35''3950 135x135 Single/Ft 4'2'' x 3'11'' x 7''1.25 x 1.18 x 0.18 15.8 (1.5)13.0 (1.2)140 (64)16/27 2'' - 53''970 135x180 Single/Ft 4'2'' x 5'1'' x 7''1.25 x 1.54 x 0.18 20.7 (1.9)17.3 (1.7)185 (84)16/36 2'' - 53''1275 135x225 Single/Ft 4'2'' x 6'3'' x 7''1.25 x 1.91 x 0.18 25.6 (2.4)21.6 (2.1)230 (105)16/45 2'' - 53''1585 135x270 Single/Ft 4'2'' x 7'6'' x 7''1.25 x 2.28 x 0.18 30.5 (2.9)26.0 (2.4)275 (125)16/54 2'' - 53''1895 135x315 Single/Ft 4'2'' x 8'8'' x 7''1.25 x 2.64 x 0.18 35.5 (3.3)30.3 (2.9)320 (146)16/63 2'' - 53''2200 135x360 Single/Ft 4'2'' x 9'11'' x 7''1.25 x 3.01 x 0.18 40.4 (3.8)34.6 (3.3)365 (166)16/72 2'' - 53''2510 135x405 Single/Ft 4'2'' x 11'1'' x 7''1.25 x 3.37 x 0.18 45.3 (4.2)38.9 (3.6)410 (186)16/81 2'' - 53''2815 135x450 Single/Ft 4'2'' x 12'3'' x 7''1.25 x 3.74 x 0.18 50.2 (4.7)43.2 (4.1)455 (207)16/90 2'' - 53''3125 135x495 Single/Ft 4'2'' x 13'6'' x 7''1.25 x 4.1 x 0.18 55.1 (5.1)47.6 (4.5)500 (227)16/99 2'' - 53''3430 135x540 Single/Ft 4'2'' x 14'8'' x 7''1.25 x 4.47 x 0.18 60.1 (5.6)51.9 (4.8)545 (248)16/108 2'' - 53''3740 135x585 Single/Ft 4'2'' x 15'11'' x 7''1.25 x 4.84 x 0.18 65.0 (6.1)56.2 (5.3)590 (268)16/117 2'' - 53''4050 135x630 Single/Ft 4'2'' x 17'1'' x 7''1.25 x 5.2 x 0.18 69.9 (6.5)60.5 (5.7)635 (289)16/126 2'' - 53''4355 135x675 Single/Ft 4'2'' x 18'3'' x 7''1.25 x 5.57 x 0.18 74.8 (7.0)64.8 (6.1)680 (309)16/135 2'' - 53''4665 135x720 Single/Ft 4'2'' x 19'6'' x 7''1.25 x 5.93 x 0.18 79.7 (7.4)69.2 (6.5)725 (329)16/144 2'' - 53''4970 135x765 Single/Ft 4'2'' x 20'8'' x 7''1.25 x 6.3 x 0.18 84.7 (7.9)73.5 (6.9)770 (350)16/153 2'' - 53''5280 135x810 Single/Ft 4'2'' x 21'11'' x 7''1.25 x 6.66 x 0.18 89.6 (8.3)77.8 (7.3)815 (370)16/162 2'' - 53''5585 135x855 Single/Ft 4'2'' x 23'1'' x 7''1.25 x 7.03 x 0.18 94.5 (8.8)82.1 (7.7)860 (391)16/171 2'' - 53''5895 135x900 Single/Ft 4'2'' x 24'3'' x 7''1.25 x 7.4 x 0.18 99.4 (9.3)86.4 (8.1)905 (411)16/180 2'' - 53''6200 180x135 Single/Ft 5'4'' x 3'11'' x 7''1.62 x 1.18 x 0.18 20.4 (1.9)17.3 (1.7)185 (84)22/27 2'' - 71''1215 180x180 Single/Ft 5'4'' x 5'1'' x 7''1.62 x 1.54 x 0.18 26.8 (2.5)23.1 (2.3)245 (112)22/36 2'' - 71''1610 180x225 Single/Ft 5'4'' x 6'3'' x 7''1.62 x 1.91 x 0.18 33.1 (3.1)28.8 (2.9)305 (139)22/45 2'' - 71''2000 180x270 Single/Ft 5'4'' x 7'6'' x 7''1.62 x 2.28 x 0.18 39.5 (3.7)34.6 (3.3)365 (166)22/54 2'' - 71''2390 180x315 Single/Ft 5'4'' x 8'8'' x 7''1.62 x 2.64 x 0.18 45.8 (4.3)40.4 (3.9)425 (193)22/63 2'' - 71''2780 180x360 Single/Ft 5'4'' x 9'11'' x 7''1.62 x 3.01 x 0.18 52.2 (4.9)46.1 (4.5)485 (220)22/72 2'' - 71''3170 180x405 Single/Ft 5'4'' x 11'1'' x 7''1.62 x 3.37 x 0.18 58.6 (5.5)51.9 (5.0)545 (248)22/81 2'' - 71''3560 180x450 Single/Ft 5'4'' x 12'3'' x 7''1.62 x 3.74 x 0.18 64.9 (6.1)57.6 (5.6)605 (275)22/90 2'' - 71''3950 180x495 Single/Ft 5'4'' x 13'6'' x 7''1.62 x 4.1 x 0.18 71.3 (6.6)63.4 (6.2)665 (302)22/99 2'' - 71''4340 180x540 Single/Ft 5'4'' x 14'8'' x 7''1.62 x 4.47 x 0.18 77.6 (7.2)69.2 (6.6)725 (329)22/108 2'' - 71''4730 180x585 Single/Ft 5'4'' x 15'11'' x 7''1.62 x 4.84 x 0.18 84.0 (7.8)74.9 (7.2)785 (357)22/117 2'' - 71''5120 180x630 Single/Ft 5'4'' x 17'1'' x 7''1.62 x 5.2 x 0.18 90.4 (8.4)80.7 (7.8)845 (384)22/126 2'' - 71''5510 180x675 Single/Ft 5'4'' x 18'3'' x 7''1.62 x 5.57 x 0.18 96.7 (9.0)86.4 (8.3)905 (411)22/135 2'' - 71''5900 180x720 Single/Ft 5'4'' x 19'6'' x 7''1.62 x 5.93 x 0.18 103.1 (9.6)92.2 (8.9)965 (438)22/144 2'' - 71''6295 180x765 Single/Ft 5'4'' x 20'8'' x 7''1.62 x 6.3 x 0.18 109.4 (10.2)98.0 (9.5)1030 (468)22/153 2'' - 71''6685 180x810 Single/Ft 5'4'' x 21'11'' x 7''1.62 x 6.66 x 0.18 115.8 (10.8)103.7 (9.9)1090 (495)22/162 2'' - 71''7075 180x855 Single/Ft 5'4'' x 23'1'' x 7''1.62 x 7.03 x 0.18 122.2 (11.4)109.5 (10.5)1150 (522)22/171 2'' - 71''7465 180x900 Single/Ft 5'4'' x 24'3'' x 7''1.62 x 7.4 x 0.18 128.5 (12.0)115.2 (11.1)1210 (549)22/180 2'' - 71''7855 225x135 Single/Ft 6'6'' x 3'11'' x 7''1.99 x 1.18 x 0.18 25.0 (2.3)21.6 (2.1)230 (105)28/27 2'' - 89''1465 225x180 Single/Ft 6'6'' x 5'1'' x 7''1.99 x 1.54 x 0.18 32.8 (3.1)28.8 (2.9)305 (139)28/36 2'' - 89''1940 225x225 Single/Ft 6'6'' x 6'3'' x 7''1.99 x 1.91 x 0.18 40.6 (3.8)36.0 (3.6)380 (173)28/45 2'' - 89''2410 62 GALAXY® GT6x 8 MM PRODUCT SPECIFICATIONS Lines x Columns Sections/Ventilated Cabinet Dimensions Feet-InchesH x W x D Cabinet Dimensions MetersH x W x D Cabinet Square Feet(Square Meters) Active Area Square Feet(Square Meters) Cabinet WeightPounds (kilograms) Lines/ Characters per line Character Height Maximum Watts RGB Copyright © 2019 Daktronics DD4008961 Rev02 100819 Page 3 of 3 225x270 Single/Ft 6'6'' x 7'6'' x 7''1.99 x 2.28 x 0.18 48.4 (4.5)43.2 (4.2)455 (207)28/54 2'' - 89''2885 225x315 Single/Ft 6'6'' x 8'8'' x 7''1.99 x 2.64 x 0.18 56.2 (5.3)50.4 (4.9)530 (241)28/63 2'' - 89''3355 225x360 Single/Ft 6'6'' x 9'11'' x 7''1.99 x 3.01 x 0.18 64.0 (6.0)57.6 (5.7)605 (275)28/72 2'' - 89''3830 225x405 Single/Ft 6'6'' x 11'1'' x 7''1.99 x 3.37 x 0.18 71.8 (6.7)64.8 (6.3)680 (309)28/81 2'' - 89''4305 225x450 Single/Ft 6'6'' x 12'3'' x 7''1.99 x 3.74 x 0.18 79.6 (7.4)72.0 (7.0)755 (343)28/90 2'' - 89''4775 225x495 Single/Ft 6'6'' x 13'6'' x 7''1.99 x 4.1 x 0.18 87.4 (8.2)79.2 (7.8)830 (377)28/99 2'' - 89''5250 225x540 Single/Ft 6'6'' x 14'8'' x 7''1.99 x 4.47 x 0.18 95.2 (8.9)86.4 (8.4)905 (411)28/108 2'' - 89''5720 225x585 Single/Ft 6'6'' x 15'11'' x 7''1.99 x 4.84 x 0.18 103.0 (9.6)93.6 (9.1)980 (445)28/117 2'' - 89''6195 225x630 Single/Ft 6'6'' x 17'1'' x 7''1.99 x 5.2 x 0.18 110.8 (10.3)100.8 (9.9)1060 (481)28/126 2'' - 89''6670 225x675 Single/Ft 6'6'' x 18'3'' x 7''1.99 x 5.57 x 0.18 118.6 (11.1)108.0 (10.5)1135 (515)28/135 2'' - 89''7140 225x720 Single/Ft 6'6'' x 19'6'' x 7''1.99 x 5.93 x 0.18 126.4 (11.8)115.2 (11.2)1210 (549)28/144 2'' - 89''7615 225x765 Single/Ft 6'6'' x 20'8'' x 7''1.99 x 6.3 x 0.18 134.2 (12.5)122.4 (12.0)1285 (583)28/153 2'' - 89''8090 225x810 Single/Ft 6'6'' x 21'11'' x 7''1.99 x 6.66 x 0.18 142.0 (13.3)129.6 (12.5)1360 (617)28/162 2'' - 89''8560 225x855 Single/Ft 6'6'' x 23'1'' x 7''1.99 x 7.03 x 0.18 149.8 (14.0)136.8 (13.3)1435 (651)28/171 2'' - 89''9035 225x900 Single/Ft 6'6'' x 24'3'' x 7''1.99 x 7.4 x 0.18 157.6 (14.7)144.0 (14.1)1510 (685)28/180 2'' - 89''9505 270x135 Single/Ft 7'9'' x 3'11'' x 7''2.35 x 1.18 x 0.18 29.6 (2.8)26.0 (2.4)275 (125)33/27 2'' - 107''1715 270x180 Single/Ft 7'9'' x 5'1'' x 7''2.35 x 1.54 x 0.18 38.9 (3.6)34.6 (3.3)365 (166)33/36 2'' - 107''2270 270x225 Single/Ft 7'9'' x 6'3'' x 7''2.35 x 1.91 x 0.18 48.1 (4.5)43.2 (4.2)455 (207)33/45 2'' - 107''2825 270x270 Single/Ft 7'9'' x 7'6'' x 7''2.35 x 2.28 x 0.18 57.4 (5.4)51.9 (4.8)545 (248)33/54 2'' - 107''3380 270x315 Single/Ft 7'9'' x 8'8'' x 7''2.35 x 2.64 x 0.18 66.6 (6.2)60.5 (5.7)635 (289)33/63 2'' - 107''3935 270x360 Single/Ft 7'9'' x 9'11'' x 7''2.35 x 3.01 x 0.18 75.8 (7.1)69.2 (6.6)725 (329)33/72 2'' - 107''4490 270x405 Single/Ft 7'9'' x 11'1'' x 7''2.35 x 3.37 x 0.18 85.1 (7.9)77.8 (7.3)815 (370)33/81 2'' - 107''5045 270x450 Single/Ft 7'9'' x 12'3'' x 7''2.35 x 3.74 x 0.18 94.3 (8.8)86.4 (8.1)905 (411)33/90 2'' - 107''5600 270x495 Single/Ft 7'9'' x 13'6'' x 7''2.35 x 4.1 x 0.18 103.6 (9.6)95.1 (9.0)995 (452)33/99 2'' - 107''6160 270x540 Single/Ft 7'9'' x 14'8'' x 7''2.35 x 4.47 x 0.18 112.8 (10.5)103.7 (9.7)1090 (495)33/108 2'' - 107''6715 270x585 Single/Ft 7'9'' x 15'11'' x 7''2.35 x 4.84 x 0.18 122.0 (11.4)112.4 (10.6)1180 (536)33/117 2'' - 107''7270 270x630 Single/Ft 7'9'' x 17'1'' x 7''2.35 x 5.2 x 0.18 131.3 (12.2)121.0 (11.4)1270 (577)33/126 2'' - 107''7825 270x675 Single/Ft 7'9'' x 18'3'' x 7''2.35 x 5.57 x 0.18 140.5 (13.1)129.6 (12.1)1360 (617)33/135 2'' - 107''8380 270x720 Single/Ft 7'9'' x 19'6'' x 7''2.35 x 5.93 x 0.18 149.8 (13.9)138.3 (13.0)1450 (658)33/144 2'' - 107''8935 270x765 Single/Ft 7'9'' x 20'8'' x 7''2.35 x 6.3 x 0.18 159.0 (14.8)146.9 (13.9)1540 (699)33/153 2'' - 107''9490 270x810 Single/Ft 7'9'' x 21'11'' x 7''2.35 x 6.66 x 0.18 168.2 (15.7)155.6 (14.5)1630 (740)33/162 2'' - 107''10050 270x855 Single/Ft 7'9'' x 23'1'' x 7''2.35 x 7.03 x 0.18 177.5 (16.5)164.2 (15.4)1720 (781)33/171 2'' - 107''10605 270x900 Single/Ft 7'9'' x 24'3'' x 7''2.35 x 7.4 x 0.18 186.7 (17.4)172.8 (16.3)1810 (822)33/180 2'' - 107''11160 63 64 EXECUTIVE SUMMARY Police 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3D.1. Adopt Resolution No. 23-045 Accepting Donations for the 2023 Bike Rodeo Outreach Event and Promotional Items from the Golden Valley Crime Prevention Fund Prepared By Kaitlin Undersander, Crime Analyst/Community Outreach Supervisor Alice White, Assistant Police Chief Summary As adopted in the Donation/Gift Policy, a gift of real or personal property must be accepted by the City Council by resolution and be approved by a two-thirds majority of the Council. All donations and grants must be acknowledged and accepted by motion with a simple majority. Financial or Budget Considerations Not applicable. Legal Considerations This item did not require legal review. Equity Considerations This item did not require equity review. Recommended Action Motion to adopt Resolution No. 23-045 accepting the donations from the Golden Valley Crime Prevention Fund for the 2023 Bike Rodeo outreach event and promotional items. Supporting Documents Resolution No. 23-045 - Accepting Donation - Bike Rodeo 65 RESOLUTION NO. 23-045 RESOLUTION ACCEPTING THE DONATION OF $500 FOR THE 2023 BIKE RODEO OUTREACH EVENT AND $5,000.00 FOR PROMOTIONAL ITEMS FROM THE GOLDEN VALLEY CRIME PREVENTION FUND WHEREAS,the City Council adopted Resolution 04-20 on March 16, 2004, which established a policy for the receipt of gifts; and WHEREAS,the Resolution states that a gift of real or personal property must be accepted by the City Council by resolution and be approved by a two-thirds majority of the Council. A cash donation must be acknowledged and accepted by motion with a simple majority, and NOW, THEREFORE, BE IT RESOLVED that the City Council accept the following donations on behalf of its citizens: $500 donation from the Golden Valley Crime Prevention Fund for the 2023 Bike Rodeo Outreach Event. $5,000.00 donation from the Golden Valley Crime Prevention Fund for promotional items. Adopted by the City Council of Golden Valley, Minnesota this 20th day of June 2023. ___________________________________________________ Shepard M. Harris, Mayor ATTEST: _______________________ Theresa Schyma, City Clerk 66 EXECUTIVE SUMMARY Parks & Recreation 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3D.2. Adopt Resolution No. 23-046 Accepting a Donation for the 2023 Summer Concert Series at Brookview Park from the Golden Valley Federated Women's Club Prepared By Sheila VanSloun, Parks & Recreation Administrative Assistant Brian Erickson, Recreation Supervisor Rick Birno, Director of Parks & Recreation Summary As adopted in the Donation/Gift Policy, a gift of real or personal property must be accepted by the City Council by resolution and be approved by a two-thirds majority of the Council. All donations and grants must be acknowledged and accepted by motion with a simple majority. Financial or Budget Considerations Not applicable Legal Considerations Not required Equity Considerations Providing unbiased programs and services through infrastructure that supports and advances diversity, equity, and inclusion in all Golden Valley parks. Recommended Action Motion to adopt Resolution No. 23-046 accepting a donation from the Golden Valley Federated Women's Club for the 2023 Summer Concert Series at Brookview Park. Supporting Documents Resolution No. 23-046 - Accepting Donation - Summer Concert Series 67 RESOLUTION NO. 23-046 RESOLUTION ACCEPTING A DONATION FOR THE SUMMER CONCERT SERIES AT BROOKVIEW PARK WHEREAS, the City Council adopted Resolution 04-20 on March 16, 2004, which established a policy for the receipt of gifts; and WHEREAS, the Resolution states that a gift of real or personal property must be accepted by the City Council by resolution and be approved by a two-thirds majority of the Council. A cash donation must be acknowledged and accepted by motion with a simple majority. NOW, THEREFORE, BE IT RESOLVED that the City Council accept the following donations on behalf of its citizens: $100 donation from the Golden Valley Federated Women’s Club for the 2023 Summer Concert Series at Brookview Park. Adopted by the City Council of Golden Valley, Minnesota this 20th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 68 EXECUTIVE SUMMARY Parks & Recreation 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3D.3. Adopt Resolution No. 23-047 Accepting a Donation for a Park Bench to be Located at Brookview Park Honoring Heather Reichmalmberg Prepared By Sheila VanSloun, Parks & Recreation Administrative Assistant Rick Birno, Director of Parks & Recreation Summary As adopted in the Donation/Gift Policy, a gift of real or personal property must be accepted by the City Council by resolution and be approved by a two-thirds majority of the Council. All donations and grants must be acknowledged and accepted by motion with a simple majority. Financial or Budget Considerations Not applicable Legal Considerations Not required Equity Considerations Providing unbiased programs and services through infrastructure that supports and advances diversity, equity, and inclusion in all Golden Valley parks. Recommended Action Motion to adopt Resolution No. 23-047 accepting the donation from the Goldenberg family for the addition of a park bench at Brookview Park honoring Heather Reichmalmberg. Supporting Documents Resolution No. 23-047 - Accepting Donation - Reichmalmberg Bench 69 RESOLUTION NO. 23-047 RESOLUTION ACCEPTING THE DONATION OF A PARK BENCH FROM THE GOLDENBERG FAMILY FOR BROOKVIEW PARK WHEREAS, the City Council adopted Resolution 04-20 on March 16, 2004, which established a policy for the receipt of gifts; and WHEREAS, the Resolution states that a gift of real or personal property must be accepted by the City Council by resolution and be approved by a two-thirds majority of the Council. A cash donation must be acknowledged and accepted by motion with a simple majority. NOW, THEREFORE, BE IT RESOLVED that the City Council accept the following donations on behalf of its citizens: $2,600 donation from the Goldenberg family for the addition of a park bench honoring Heather Reichmalmberg to be located at Brookview Park. Adopted by the City Council of Golden Valley, Minnesota this 20th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 70 EXECUTIVE SUMMARY Administrative Services 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3E. Adopt Resolution No. 23-048 Assigning 2022 Fund Balance to Remote Fire Station Prepared By Sue Virnig, Finance Director Summary The City of Golden Valley seeks to have a good balance in its General Fund in order to have sufficient reserves for cash flow, projects, and unexpected shortfalls or emergencies. In December 2011, the City established a formal policy that states the level of fund balance should be maintained at 60 percent of adopted expenditures in the General Fund. Adequate reserves indicate fiscal prudence and help the City maintain a high rating with bond-rating agencies, which prefer to see very strong and healthy balances. When fund balance is greater than 60 percent, it shall be reduced to 60 percent by using the excess funds for long-term debt reduction, specific one-time projects, acquisitions, or transfers to capital funds to lessen the future impact on the property tax rate. The last few years, Council has had debt reduction and explore all possible financial tools as financial wellness priorities in their Pyramid of Success. Staff is recommending the following transfers of unassigned fund balance to help finance one-time projects: transfer $612,910 to be used in future acquisition for land and various expenditures for the remote fire station. Financial or Budget Considerations The assignment of 2022 fund balance helps fund one time needs that will help lessen the future impact of the overall tax levy. This allocation is to help fund expenditures for the remote fire station. Legal Considerations Statutes allow to assign unassigned fund balance. Equity Considerations N/A Recommended Action Motion to Adopt Resolution No. 23-048 Assigning Fund Balance of $612,910 for financing a portion of the costs for the remote fire station. 71 Supporting Documents Resolution No. 23-048 - General Fund Assignment Receipt of December 2022 Expenditure Report.pdf Receipt of Decemberr 2022 Revenue Report.pdf 72 RESOLUTION NO. 23-048 RESOLUTION ASSIGNING FUND BALANCE OF $612,910 FOR FINANCING A PORTION FOR THE REMOTE FIRE STATION EXPENDITURES WHEREAS, the General Fund Reserves meets 60% of 2022 expenditures, and WHEREAS, per Resolution 11-82 states that staff will review with the Council any amounts above the 60% and recommend proposed uses of the funds, and WHEREAS, in 2022, revenues were above budget and various expenditures were below from various departments in the amount above the 60% is $612,910, and WHEREAS, the amount of $612,910 will be transferred to a dedicated construction fund for the Remote Fire Station. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Golden Valley to authorize the transfer of $612,910 from the General Fund to the Remote Fire Station Building Fund. Adopted by the City Council of Golden Valley, Minnesota this 20th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 73 Over % 2022 December YTD (Under)Of Budget Budget Actual Actual Budget Expend. 001 Council $458,210 104,250 498,968 $40,758 108.90% 003 City Manager 1,285,825 152,192 1,293,470 7,645 100.59% 004 Transfers Out 2,750,000 0 2,750,000 0 100.00%(1) 005 Admin. Services 2,573,030 267,868 2,424,294 (148,736)94.22% 006 Legal 428,045 33,693 367,498 (60,547)85.85% 007 Risk Management 355,000 (42,198)277,610 (77,390)78.20% 011 General Gov't. Bldgs.816,045 189,508 911,886 95,841 111.74% 016 Planning 392,330 46,617 392,458 128 100.03% 018 Inspections 912,335 122,593 884,309 (28,026)96.93% 022 Police 7,178,575 1,092,123 5,826,816 (1,351,759)81.17% 023 Fire 1,843,165 269,843 1,775,051 (68,114)96.30% 035 Physical Dev Admin 350,690 42,987 332,681 (18,009)94.86% 036 Engineering 819,975 70,764 560,114 (259,861)68.31% 037 Streets 2,474,815 329,295 2,510,932 36,117 101.46% 066 Park & Rec. Admin.928,445 109,180 948,660 20,215 102.18% 067 Park Maintenance 1,452,555 199,947 1,523,447 70,892 104.88% 068 Recreation Programs 428,550 31,548 296,888 (131,662)69.28% TOTAL Expenditures $25,447,590 $3,020,210 $23,575,082 ($1,872,508)92.64% (1) Transfers were made in June 2022. City of Golden Valley Quarterly Budget Report - General Fund Expenditures December 2022 (unaudited) Division 74 100.00% Over % 2022 December YTD (Under) of Budget Type Budget Actual Actual Budget Received Ad Valorem Taxes $22,116,855 10,678,622 22,207,999 $91,144 100.41% (1) Licenses 244,165 8,575 250,102 $5,937 102.43% Permits 963,650 76,587 1,592,131 $628,481 165.22% Governmental Agencies Aid Federal 121,800 125,000 125,000 $3,200 0.00% Police 25,000 0 8,322 ($16,678) 33.29% Fire 25,000 0 20,761 ($4,239) 83.04% Charges For Services: General Government 20,200 138 18,497 ($1,703) 91.57% Public Safety 36,200 4,586 48,692 $12,492 134.51% Public Works 186,400 31,158 212,067 $25,667 113.77% Park & Rec 440,200 38,406 297,868 ($142,332) 67.67% Other Funds 766,500 62,555 768,213 $1,713 100.22% Fines & Forfeitures 125,000 12,082 81,852 ($43,148) 65.48% Interest On Investments 150,000 (513,150) (512,472) ($662,472) -341.65% (2) Miscellaneous Revenue 196,620 20,169 205,580 $8,960 104.56% Transfers In 30,000 2,500 30,000 $0 100.00% (3) TOTAL Revenue $25,447,590 $10,547,228 $25,354,612 ($92,978) 99.63% Notes: (1) Payments are received in July, December, and January (delinquencies). (2) Market was below at year-end. (3)Transfers are monthly. Percentage Of Year Completed City of Golden Valley Quarterly Budget Report - General Fund Revenues December 2022 (unaudited) 75 EXECUTIVE SUMMARY Human Resources 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 3F. Adopt Resolution No. 23-057 Approving Modification to PTO/Vacation Maximum Accrual Cap for Sworn Peace Officers Prepared By Kirsten Santelices, Deputy City Manager/Human Resources Director Summary City of Golden Valley employees accrue paid vacation time or paid time off (PTO) each pay period. According to City policy, employees have a maximum accrual rate based on their years of service. As a commitment to its Valley Values, the City encourages employees to use their time off. However, on occasion, the City has a business need to deny scheduled time off. As a result, employees who have already reached their maximum accrual cease to accrue additional time-off. Currently, sworn peace officers are foregoing vacation/PTO to cover unfilled shifts and have asked the City to consider removing the maximum accrual cap during this time. The City appreciates the flexibility and commitment of its sworn officers and staff recommends that the maximum accrual cap be modified until December 3, 2023, and provide an automatic payout of such accrued time on December 15, 2023. Financial or Budget Considerations The estimated cost to providing vacation payout of two years plus forty hours for the current eligible employees is $39,603.72. Legal Considerations This item has been reviewed. Equity Considerations The accrual and subsequent use of time-off is important for employees to feel work-life balance, which is a City value. Additionally, time-off helps prevent burnout and associated emotional and financial costs to the employee and the City. Recommended Action Motion to adopt Resolution No. 23-057 Authorizing Temporary Modification of PTO/Vacation Maximum Accrual Cap for Sworn Peace Officers. Supporting Documents 76 Resolution No. 23-057 - Approving Vacation PTO Payouts 77 RESOLUTION NO. 23-057 A RESOLUTION AUTHORIZING TEMPORARY MODIFICATION OF PTO/VACATION MAXIMUM ACCRUAL CAP FOR SWORN PEACE OFFICERS WHEREAS, pursuant to the Golden Valley Employee Handbook and various labor agreements between the City of Golden Valley (the “City”) and LELS Locals 27, 304 and 485 all Golden Valley sworn peace officers (“Officers”) are subject to certain PTO and vacation (collectively, “Time Off”) maximum accrual caps; and WHEREAS, once Officers meet the maximum accrual cap they are no longer eligible to accrue Time Off; and WHEREAS, due to staffing levels in the Police Department, Officers are not currently able to use all of their accrued Time Off; and WHEREAS, the Officers have demonstrated flexibility, commitment, and dedication by working extra hours and foregoing vacation time to fill unstaffed shifts; and WHEREAS, in recognition of the Officers’ commitment and dedication to the City, the City wishes to temporarily modify the maximum accrual cap so that Officers do not lose accrued Time Off. NOW THEREFORE, BE IT RESOLVED,BY THE CITY COUNCIL OF THE CITY OF GOLDEN VALLEY, MINNESOTA that this Council authorizes a temporary modification of the PTO/Vacation maximum accrual cap for Officers as follows: 1. Effective May 1, 2023, all Officers shall be permitted to accrue vacation hours above the maximum amount designated in the Employee Handbook and applicable Labor Agreements through December 3, 2023. 2. On December 15, 2023, all Officers that have not elected to participate in the City’s Vacation Payout and PTO Payout policies shall automatically receive a payout for Time Off accrued beyond the applicable maximum accrual cap plus forty hours and their vacation/PTO balances shall be adjusted accordingly. This payout shall be mandatory. 3. On December 15, 2023, all Officers that have elected to participate in the City’s Vacation Payout and PTO Payout Policies shall automatically receive a payout for Time Off accrued beyond the maximum accrual cap and their vacation/PTO balances shall be adjusted accordingly. This payout shall be mandatory and in addition to any payout the Officer elected to receive pursuant to the City’s Vacation Payout and PTO Payout Policies, which shall be calculated and deducted prior to any payouts pursuant to this paragraph. Passed by the City Council of the City of Golden Valley, Minnesota this 20th day of June, 2023. 78 ____________________________ Shepard M. Harris, Mayor Attested: ____________________ Theresa Schyma, City Clerk 79 EXECUTIVE SUMMARY Community Development 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 4A. Adopt Resolution No. 23-049 Approving a Tax Increment Financing Plan for Tax Increment Financing District within Valley Square Redevelopment Project Area Prepared By Cherie Shoquist, Housing and Economic Development Manager Alma Flores, Community Development Director Summary The City Council is requesting to consider adopting the proposed Tax Increment Financing Plan for (Renovation and Renewal) Tax Increment Financing District within Valley Square Redevelopment Project Area to assist with financing a portion of the costs associated with the development of a multifamily rental project, known as 640 Golden Valley, LLC. (previous names given were Sentinel Management Company or Sentinel Development). The 303 unit project will provide 46 affordable units to occupants with incomes no greater than 60% of the area median income for 20 years under the City of Golden Valley's Mixed Income Housing Policy. The unit mix will be studio, 1, 2, and 3 bedroom apartments. The building will be wrapped around a 450 space parking ramp. The building will be five to six stories in height with several ground level walk-up units. Amenities will include a great room, wellness studio, entertainment suite, theatre, patio, rooftop deck, business center, hospitality suite, and guest suites. In addition to the multifamily development, a new commercial bank building will be constructed on the southwest corner of the site. Minnesota Statutes, Section 469.001 through 469.047 and Minnesota Statutes, Section 469. 174 through 469. 1794, require the HRA and the City to consider the findings below: The TIF expenditures are necessary and desirable for the sound and orderly development of the Redevelopment Project Area and of the community as a whole, and for the protection and preservation of the public health, safety, and general welfare; The proposed redevelopment would not occur but for the use of tax increment financing; The TIF District qualifies as a renovation and renewal district; The TIF Plan conforms to general plans for development of the City as a whole; and The objectives of encouraging development and redevelopment within the Valley Square Redevelopment Project Area will be advanced by adoption of the TIF Plan. Multiple steps need to be followed in order to establish a tax increment financing district, including: Notifications to the County and School District were provided on May 19, 2023; TIF Project Area and the TIF District were found consistent with the City's Comprehensive Plan by the Planning Commission on May 22, 2023; 80 Public hearing notice was published in the Sun Post June 8, 2023; HRA adoption of the TIF Plan on June 20, 2023; and City Council holding of a public hearing June 20, 2023. The TIF District was found to qualify as a renovation and renewal district based on the report prepared by LHB dated March 31, 2023. LHB found that the parcels consisting of 100 percent of the area of the district are occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures and more than 50 percent of the buildings, not including outbuildings, are structurally substandard and 50 percent of the buildings were determined to be in need of substantial renovation or clearance to remove existing conditions. LHB also found that the substandard buildings are reasonably distributed. A TIF District must be established within a Project Area. The boundaries of the Tax Increment Financing Renewal and Redevelopment District are within the Valley Square Redevelopment Project Area. Tax increment revenues of the TIF District are generated from incremental growth within the district and are allowed to be spent within the boundaries of the TIF District and Project Area. There are significant costs associated with acquisition of the property and development of the project, including maintaining long-term affordability of the 46 housing units. The use of tax increment revenues to finance eligible costs associated with development of the project site may include acquisition, site improvements, parking, utilities and other necessary housing and public improvements, as well as related administrative expenses. Demolition of the existing blighted building is expected to start immediately after closing on the property in July 2023 and construction of the Wells Fargo Bank building will be substantially complete on June 30, 2024. The multifamily development will commence construction on July 1, 2024 and construction will be substantially complete on or around June 30, 2026. The project is expected to be fully constructed and assessed in 2026 for revenue in 2027. Financial or Budget Considerations Tax Increment Financing Request On September 6, 2022 the Developer, Sentinel Management Company, LLC (now 640 Golden Valley LLC) submitted an application for Tax Increment Financing to the City. The Developer has estimated that the total development cost applicable to the bank portion of the development is $4,869,480 and the multi-family building is $103,964,485, bringing the total cost of the combined development to $108,833,965. The Developer requests Tax Increment Financing to assist in providing 46 affordable units, acquiring the sites, demolishing the substandard structure, completing public improvements, and other eligible activities. The HRA would invest in the project by approving a Renewal and Renovation Tax Increment Financing District and a TIF PAY-AS-YOU-GO note with a principal amount of up to $11,243,000, generated by the Project based on an interest rate of 6%. All of the assistance being offered to the developer is related to the residential portion of the project. The Developer will be responsible for initially incurring the $11,243,000 in TIF eligible expenditures, and the PAYGO note will be payable from 90% of the tax increment generated from the Multi-Family Building and Wells Fargo Building, on a PAY-AS-YOU-GO basis until the principal amount of the TIF has been satisfied as determined by the HRA, or the District has reached its statutory maximum duration. 81 The maximum duration of this TIF District is 15 years from the first payment of increment received from Hennepin County. Legal Considerations The Tax Increment Financing Plan for Tax Increment Financing District was prepared by Baker Tilly, the City’s Municipal Advisor and reviewed by the City Attorney and Kennedy & Graven, the City’s TIF Counsel. Equity Considerations This development meets the City’s goals to preserve and promote economically diverse housing options in our community by creating high quality housing in Golden Valley for households with a variety of income levels, ages, and sizes. Under Fair Housing Law, future residents will not face housing discrimination. The law is intended to prevent discrimination of protected classes based on race, color, creed, religion, national origin, sex, marital status, disability, public assistance, sexual orientation, gender identity or familial status. Lastly, by linking this incentive to affordable housing development it provides much needed housing to economically disadvantaged people and households and provides an opportunity for the mixing of incomes to further future residents’ access to social networks and opportunities. Recommended Action Motion to Adopt Resolution No. 23-049 Approving a Tax Increment Financing Plan for Tax Increment Financing District within Valley Square Redevelopment Project Area. Supporting Documents 06-20-23 GVCC TIF Plan 06-20-23 GVCC TIF Memo Resolution No. 23-049 - TIF Plan 82 City of Golden Valley, Minnesota Golden Valley Housing and Redevelopment Authority Tax Increment Financing Plan for Tax Increment Financing (Renewal and Renovation) District Within Valley Square Redevelopment Project Area (Golden Valley Road & Wisconsin Ave Renewal and Redevelopment Project) Dated: May 16, 2023 (Draft) Public Hearing: June 20, 2023 Prepared by: BAKER TILLY MUNICIPAL ADVISORS, LLC 30 East Seventh Street, Suite 3025 St. Paul, MN 55101-2887 (651) 223-3000 WWW.BAKERTILLY.COM 83 TABLE OF CONTENTS Section Page(s) A. Definitions .............................................................................................................................................................. 1 B. Statutory Authorization .......................................................................................................................................... 1 C. Statement of Need and Public Purpose ................................................................................................................ 1 D. Statement of Objectives ........................................................................................................................................ 1 E. Designation of Tax Increment Financing District as a Renewal and Renovation District ...................................... 2 F. Duration of the TIF District ..................................................................................................................................... 3 G. Property to be Included in the TIF District ............................................................................................................. 3 H. Property to be Acquired in the TIF District ............................................................................................................. 3 I. Specific Development Expected to Occur Within the TIF District .......................................................................... 3 J. Findings and Need for Tax Increment Financing ................................................................................................... 4 K. Estimated Public Costs .......................................................................................................................................... 5 L. Estimated Sources of Revenue ............................................................................................................................. 6 M. Estimated Amount of Bonded Indebtedness ......................................................................................................... 6 N. Original Net Tax Capacity ...................................................................................................................................... 6 O. Original Local Tax Rate ......................................................................................................................................... 7 P. Projected Retained Captured Net Tax Capacity and Projected Tax Increment ..................................................... 7 Q. Use of Tax Increment ............................................................................................................................................ 8 R. Excess Tax Increment ........................................................................................................................................... 8 S. Tax Increment Pooling and the Five Year Rule ..................................................................................................... 9 T. Limitation on Administrative Expenses .................................................................................................................. 9 U. Limitation on Property Not Subject to Improvements - Four Year Rule ............................................................... 10 V. Estimated Impact on Other Taxing Jurisdictions ................................................................................................. 10 W. Prior Planned Improvements ............................................................................................................................... 10 X. Development Agreements ................................................................................................................................... 11 Y. Assessment Agreements ..................................................................................................................................... 11 Z. Modifications of the Tax Increment Financing Plan ............................................................................................. 11 AA. Administration of the Tax Increment Financing Plan ........................................................................................... 11 AB. Filing TIF Plan, Financial Reporting and Disclosure Requirements .................................................................... 12 Map of the Tax Increment Financing District within Project Area ............................................................ EXHIBIT I Assumptions Report ............................................................................................................................... EXHIBIT II Projected Tax Increment Report ............................................................................................................ EXHIBIT III Estimated Impact on Other Taxing Jurisdictions Report ....................................................................... EXHIBIT IV Market Value Analysis Report ............................................................................................................... EXHIBIT V Pay-As-You-Go Note Report ................................................................................................................ EXHIBIT VI Redevelopment District Findings ..........................................................................................................EXHIBIT VII 84 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 1 Section A Definitions The terms defined in this section have the meanings given herein, unless the context in which they are used indicates a different meaning: "Authority" means the Housing and Redevelopment Authority in and for the City of Golden Valley. "City" means the City of Golden Valley, Minnesota; also referred to as a "Municipality". "City Council" means the City Council of Golden Valley; also referred to as the ‘Governing Body”. "County" means Hennepin County, Minnesota. “HRA Act” means Minnesota Statutes, Sections 469.001 through 469.047, both inclusive. "Redevelopment Project Area" means the Valley Square Redevelopment Project Area in the City, which is described in the corresponding Redevelopment Plan. "Redevelopment Plan" means the Redevelopment Plan for the Valley Square Project Area. "Project Area" means the geographic area of the Redevelopment Project Area. "School District" means Independent School District No. 270, Minnesota. "State" means the State of Minnesota. "TIF Act" means Minnesota Statutes, Sections 469.174 through 469.1799, both inclusive. "TIF District" means Tax Increment Financing (Renewal and Renovation) Golden Valley Road and Wisconsin Ave. District. "TIF Plan" means the tax increment financing plan for the TIF District (this document). Section B Statutory Authorization The HRA Act Authorizes the Authority to exercise all the powers relating to a housing and redevelopment authority granted under Minnesota Statutes, Sections 469.001 to 469.047, or other law. It is the intention of the Authority, that the Authority shall have and enjoy with respect to the Valley Square Redevelopment Project Area the full range of powers and duties conferred upon the Authority pursuant to the HRA Act, the TIF Act, municipal housing and redevelopment authority laws, and such other legal authority as the Authority may have or enjoy from time to time. Within the City areas exist where public involvement is necessary to cause redevelopment to occur. The Authority has certain statutory powers pursuant to the TIF Act to assist in financing eligible activities related to these redevelopment needs. Section C Statement of Need and Public Purpose See “Justification for Redevelopment Area” on page 4 of the Redevelopment Plan for the Project Area. Section D Statement of Objectives See “Redevelopment Goals and Objectives” on pages 5-6 of the of the Redevelopment Plan for the Project Area. 85 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 2 Section E Designation of Tax Increment Financing District as a Renewal and Renovation District Renewal and Renovation districts are a type of tax increment financing district in which the following conditions exists: 1) i) parcels comprising at least 70% of the area of the district are occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures; ii) 20 percent of the buildings are structurally substandard; and iii) 30 percent of the other buildings require substantial renovation or clearance to remove existing conditions such as: inadequate street layout, incompatible uses or land use relationships, overcrowding of buildings on the land, excessive dwelling unit density, obsolete buildings not suitable for improvement or conversion, or other identified hazards to the health, safety, and general well-being of the community. 2) the conditions described in clause (1) are reasonably distributed throughout the geographic area of the district. For purposes of determining whether a building is structurally substandard, whether parcels are occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures, or whether noncontiguous areas qualify, the provisions of section 469.174, subdivision 10, paragraphs (b) through (f) of the TIF Act, apply. For districts consisting of two more noncontiguous areas, each area must individually qualify under the provisions listed above, as well as the entire area must also qualify as a whole. The TIF District qualifies as a renewal and renovation district in that it meets all of the criteria listed in (1) and (2) above. An executive summary of a report prepared by LHB Corporation that details the qualifications is included in Exhibit VII. A copy of the entire report with supporting facts and documentation for this determination is on file with the Authority and is available to the public upon request. The full report will be retained by the Authority for the life of the TIF District. "Structurally substandard" is defined as buildings containing defects or deficiencies in structural elements, essential utilities and facilities, light and ventilation, fire protection (including egress), layout and condition of interior partitions, or similar factors. Generally, a building is not structurally substandard if it is in compliance with the building code applicable to a new building, or could be modified to satisfy the existing code at a cost of less than 15% of the cost of constructing a new structure of the same size and type. A city may not find that a building is structurally substandard without an interior inspection, unless it cannot gain access to the property and there exists evidence which supports the structurally substandard finding. Such evidence includes recent fire or police inspections, on-site property tax appraisals or housing inspections, exterior evidence of deterioration, or other similar reliable evidence. Written documentation of the findings and reasons why an interior inspection was not conducted must be made and retained. A parcel is deemed to be occupied by a structurally substandard building if the following conditions are met: (1) the parcel was occupied by a substandard building within three years of the filing of the request for certification of the parcel as part of the district; (2) the demolition or removal of the substandard building was performed or financed by the Authority, or was performed by a developer under a development agreement with the Authority, (3) the Authority found by resolution before such demolition or removal occurred that the building was structurally substandard and that the Authority intended to include the parcel in the TIF district, and (4) the Authority notifies the county auditor that the original tax capacity of the parcel must be adjusted upon filing the request for certification of the tax capacity of the parcel as part of a district. In the case of (4) above, the County Auditor shall certify the original net tax capacity of the parcel to be the greater of (a) the current tax capacity of the parcel, or (b) a computed tax capacity of the parcel using the estimated market 86 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 3 value of the parcel for the year in which the demolition or removal occurred, and the appropriate classification rate(s) for the current year. A parcel is deemed "occupied" if at least 15% of the area of the parcel contains buildings, streets, utilities, paved or gravel parking lots; or other similar structures. At least 90 percent of the tax increment from a renewal and renovation district must be used to finance the cost of correcting conditions that allow designation as a redevelopment district. These costs include, but are not limited to, acquiring properties containing structurally substandard buildings or improvements or hazardous substances, pollution, or contaminants, acquiring adjacent parcels necessary to provide a site of sufficient size to permit development, demolition and rehabilitation of structures, clearing of land, removal of hazardous substances or remediation necessary to develop the land, and installation of utilities, roads, sidewalks, and parking facilities for the site. The allocated administrative expenses of the Authority may be included in the qualifying costs. Section F Duration of the TIF District Renewal and Renovation districts may remain in existence 15 years from the date of receipt of the first tax increment. The Authority anticipates that the TIF District will remain in existence the maximum duration allowed by law (projected to be through the year 2042). Modifications of this plan (see Section Z) shall not extend these limitations. All tax increments from taxes payable in the year the TIF District is decertified shall be paid to the Authority. The Authority has elected to delay receipt of increment for a period of four years; therefore, the anticipated first collection year will be 2027. The Authority reserves the right to allow the TIF District to remain in existence the maximum duration allowed by law (projected to be through the year 2042), and anticipates that the TIF District may be active for the maximum duration allowed (see Section P). However, the Authority will decertify the TIF District as early as possible should the projected increment be received in a shorter time period than originally projected. All tax increments from taxes payable in the year the TIF District is decertified shall be paid to the Authority. Section G Property to be Included in the TIF District The TIF District is an approximate 3.80-acre area of land located within the Project Area. A map showing the location of the TIF District is shown in Exhibit I. The boundaries and area encompassed by the TIF District are described below: Parcel Number* Legal Description* 31-118-21-14-0043 Lot 1 – Block 1 – VALLEY SQUARE 3RD ADDITION 31-118-21-14-0044 Lot 2 – Block 2 – VALLEY SQUARE 3RD ADDITION *The parcels within the District will be replatted as part of development. The parcel numbers and legal descriptions represent the property prior to replatting. The area encompassed by the TIF District shall also include all street or utility right-of-ways located upon or adjacent to the property described above. Section H Property to be Acquired in the TIF District The Authority may acquire and sell any or all of the property located within the TIF District; however, the Authority does not anticipate acquiring any such property at this time. Section I Specific Development Expected to Occur Within the TIF District The proposed project includes the redevelopment of a currently blighted site by the construction of a mixed-use development comprised of a 4,348 sq. ft. commercial building, a 303-unit apartment project, and a 450-parking space structured parking facility. Proposed to be constructed as a result of the apartment project are public improvements proposed for the area to include sidewalk and street improvements, street lighting relocation, and public utility improvements. Additionally, private improvement costs will be incurred associated with the redevelopment of the 87 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 4 site, including acquisition and demolition of obsolete and structurally substandard buildings, earthwork and onsite utility improvements, structured parking costs, and other eligible improvements associated with the project. These improvements are necessary to facilitate the redevelopment of the blighted site by removing costs prohibitive to the redevelopment of the Project Area. The Authority anticipates using tax increment revenues to finance a portion of the eligible public costs related to redevelopment of the Project Area. In addition, the Authority anticipates using available tax increment for related administrative expenses, pooling for affordable housing outside of the boundaries of the TIF District, and any other eligible expenditures associated with the redevelopment of the site. The Authority anticipates development commencing in 2023 for the commercial building portion of the project, and in 2024 for the apartment portion of the project. Completion of the project is anticipated for 2026. The TIF District’s first receipt of increment has been elected to be delayed until taxes payable 2027. Section J Findings and Need for Tax Increment Financing In establishing the TIF District, the Authority makes the following findings: (1) The TIF District qualifies as a renewal and renovation district; The City of Golden Valley retained the services of LHB to inspect and evaluate property within the proposed Tax Increment Financing District to be established by the Authority. The purpose of the evaluation was to determine if the proposed district met the statutory requirements for coverage and if the buildings met the qualifications required for a Renewal and Renovation District. These findings are described more completely in Section E and Exhibit VII. (2) The proposed development, in the opinion of the Authority, would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future and the increased market value of the site that could reasonably be expected to occur without the use of tax increment financing would be less than the increase in the market value estimated to result from the proposed development after subtracting the present value of the projected tax increments for the maximum duration of the district permitted by the TIF Plan. Factual basis: Proposed development not expected to occur: The proposed redevelopment consists of the acquisition and demolition/renovation of substandard buildings, and the undertaking of necessary public and private improvements within the proposed TIF District boundaries in the City of Golden Valley for development of a new mixed-use development. The cost of acquisition and demolition/renovation of the existing buildings, private earthwork and utility improvement, construction of structure parking, and the cost of the public improvements, make the total cost of this effort significantly higher. A key component to the redevelopment is the reimbursement of TIF eligible expenses. The developer has indicated they would not undertake the proposed redevelopment without the financial assistance due to the increase cost associated with the redevelopment of the site. Based on a detailed financial review of the anticipated project costs and operating revenues of the project without assistance, the Authority has no reason to expect that significant reinvestment in the site would occur without assistance similar to that provided in this plan. Therefore, the Authority has no reason to believe the redevelopment would occur but-for the use of tax increment assistance. 88 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 5 To summarize the basis for the Authority’s findings regarding alternative market value, in accordance with Minnesota Statutes, Section 469.175, Subd. 3(d), the Authority makes the following determinations: a. The Authority's estimate of the amount by which the market value of the site will increase without the use of tax increment financing is $0 (for the reasons described above), except some unknown amount of appreciation. b. If the proposed development to be assisted with tax increment occurs in the TIF District, the total increase in market value would be approximately $110,977,091, including the value of the building (See Exhibit II). c. The present value of tax increments from the TIF District for the maximum duration of the district permitted by the TIF Plan is estimated to be $13,131,793 (See Exhibit V) d. Even if some development other than the proposed development were to occur, the Authority finds that no alternative would occur that would produce a market value increase greater than $97,845,298 (the amount in clause b less the amount in clause c) without tax increment assistance. (3) The TIF Plan will afford maximum opportunity, consistent with the sound needs of the Authority as a whole, for development of the Project Area by private enterprise. Factual basis: The anticipated redevelopment of the project site may include the construction of a new commercial building and a 303-unit apartment building, and the redevelopment of project area consistent with the City’s design goals. The redevelopment clearly meets the Authority’s housing and redevelopment goals of creating additional market and affordable housing; additionally, the redevelopment meets the Authority’s goal of the removal of blight. (4) The TIF Plan conforms to general plans for development of the City as a whole. Factual basis: The City Planning Commission has determined that the development proposed in the TIF Plan conforms to the City comprehensive plan. (5) The City does elect the method of tax increment computation set forth in Minnesota Statutes, Section 469.177, Subdivision 3(b); therefore, the original net tax capacity and the current net tax capacity shall be determined after the application of the fiscal disparity provisions (see method (b) in Section P). Section K Estimated Public Costs The estimated public costs of the TIF District are listed below. Such costs are eligible for reimbursement from tax increments of the TIF District. Land/Building Acquisition $1,156,000 Public Improvements 1,015,000 Demolition, Site Improvements, and Structured Parking 9,072,000 Note Interest Payments 8,557,708 Administrative expenses 1,100,039 Pooling for Affordable Housing 1,100,039 Total $22,000,786 The Authority reserves the right to administratively adjust the amount of any of the items listed above or to incorporate additional eligible items, so long as the total estimated public cost is not increased. The estimated cost of 89 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 6 capitalized interest is included in the loan interest payment amount. The Authority reserves the right to spend available tax increment outside of the TIF District boundaries and within the Project Area. Section L Estimated Sources of Revenue Tax Increment revenue $22,000,786 Interest on invested funds - Bond proceeds - Loan proceeds - Grants - Other - Total $22,000,786 The Authority anticipates using future tax increments for reimbursement of public costs incurred from Section K. As increments are collected from the TIF District in future years, these taxes will be reserved by the Authority as reimbursement for public costs incurred, either through internal funding or general obligation or revenue debt. The Authority reserves the right to finance any or all public costs of the TIF District using pay-as-you-go assistance, internal funding, general obligation or revenue debt, or any other financing mechanism authorized by law. The Authority also reserves the right to use other sources of revenue legally applicable to the Project Area to pay for such costs including, but not limited to, special assessments, utility revenues, federal or state funds, and investment income. Section M Estimated Amount of Bonded Indebtedness The maximum principal amount of bonds (as defined in the TIF Act) secured in whole or in part with tax increment from the TIF District is $22,000,786. The City currently plans to finance the improvements and eligible reimbursable costs in the form of one or more pay-as-you-go revenue notes, but reserves the right to issue bonds in any form, including without limitation any interfund loan with interest not to exceed the maximum permitted under Section 469.178, subd. 7 of the TIF Act. Section N Original Net Tax Capacity The County Auditor shall certify the original net tax capacity of the TIF District. This value will be equal to the total net tax capacity of all property in the TIF District as certified by the State Commissioner of Revenue. For districts certified between January 1 and June 30, inclusive, this value is based on the previous assessment year. For districts certified between July 1 and December 31, inclusive, this value is based on the current assessment year. The City intends to file the request for certification after June 30, 2022, but prior to July 1, 2023. Therefore, the original net tax capacity will be the net tax capacity as of January 2, 2022. The Estimated Market Value of all the land within the TIF District as of January 2, 2022, for taxes payable in 2023, is $4,394,000 and the original net tax capacity of the TIF District is $60,679. This assumes a portion of the property is reclassified to rental, and the remaining area continues to be classified commercial/industrial. Each year the County Auditor shall certify the amount that the original net tax capacity has increased or decreased as a result of: (1) changes in the tax-exempt status of property; (2) reductions or enlargements of the geographic area of the TIF District; (3) changes due to stipulation agreements or abatements; or (4) changes in property classification rates. 90 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 7 Section O Original Local Tax Rate The County Auditor shall also certify the original local tax rate of the TIF District. This rate shall be the sum of all local tax rates that apply to property in the TIF District. This rate shall be for the same taxes payable year as the original net tax capacity. In future years, the amount of tax increment generated by the TIF District will be calculated using the lesser of (a) the sum of the current local tax rates at that time or (b) the original local tax rate of the TIF District. As noted in Section M, the Authority intends to file the TIF District for certification after June 30, 2022 but prior to July 1, 2023; therefore, the Original Local Tax Rate will be the final rate that applies for taxes payable in 2023 which the County Auditor shall certify this amount as the Original Local Tax Rate. The sum of the final local tax rates that apply to property in the TIF District, for taxes levied in 2022 and payable in 2023, is 121.323% as shown below. 2022/2023 Taxing Jurisdiction Local Tax Rate City of Golden Valley 53.407% Hennepin County 34.542% ISD # 270 25.006% Other 8.368% Total 121.323% Section P Projected Retained Captured Net Tax Capacity and Projected Tax Increment The Authority anticipates that by December 31, 2025 the commercial building will be 100% completed and the apartment project will be 75% completed, creating an initial tax capacity for the TIF District of $775,574 as of January 2, 2026. The captured tax capacity as of that date is estimated to be $704,533 and the first-year of tax increment is estimated to be $854,761 payable in 2027. The first full year of increment is projected to be in $1,172,681 in taxes payable 2028. A complete schedule of estimated tax increment from the TIF District is shown in Exhibit III. The estimates shown in this TIF Plan assume that commercial class rates remain at 1.5% for the first $150,000 of estimated market value and 2.0% of the market value above $150,000; and that rental class rates remain at 1.25%. The projections also assume a 2.5% annual increase in market values. Each year the County Auditor shall determine the current net tax capacity of all property in the TIF District. To the extent that this total exceeds the original net tax capacity, the difference shall be known as the captured net tax capacity of the TIF District. For communities affected by the fiscal disparity provisions of Minnesota Statutes, Chapter 473F and Chapter 276A, the original net tax capacity of the TIF District shall be determined before the application of fiscal disparity. In subsequent years, the current net tax capacity shall either (a) be determined before the application of fiscal disparity or (b) exclude the product of any fiscal disparity increase in the TIF District (since the original net tax capacity was certified) times the appropriate fiscal disparity ratio. The method the Authority elects shall remain the same for the life of the TIF District, except that a single change may be made at any time from method (a) to method (b) above. »The Authority elects method (b), or M.S. Section 469.177, Subdivision 3(b). The County Auditor shall certify to the Authority the amount of captured net tax capacity each year. The Authority may choose to retain any or all of this amount. It is the Authority's intention to retain 100% of the captured net tax capacity of the TIF District. Such amount shall be known as the retained captured net tax capacity of the TIF District. Exhibit II gives a listing of the various information and assumptions used in preparing a number of the exhibits contained in this TIF Plan, including Exhibit III which shows the projected tax increment generated over the anticipated life of the TIF District. 91 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 8 Section Q Use of Tax Increment Each year the County Treasurer shall deduct 0.36% of the annual tax increment generated by the TIF District and pay such amount to the State's General Fund. Such amounts will be appropriated to the State Auditor for the cost of financial reporting and auditing of tax increment financing information throughout the state. Exhibit III shows the projected deduction for this purpose over the anticipated life of the TIF District. The Authority has determined that it will use 100% of the remaining tax increment generated by the TIF District for any of the following purposes: (1) pay for the estimated public costs of the TIF District (see Section K) and County administrative costs associated with the TIF District (see Section T); (2) pay principal and interest on tax increment bonds or other bonds issued to finance the estimated public costs of the TIF District; (3) accumulate a reserve securing the payment of tax increment bonds or other bonds issued to finance the estimated public costs of the TIF District; (4) pay all or a portion of the county road costs as may be required by the County Board under M.S. Section 469.175, Subdivision 1a; or (5) return excess tax increments to the County Auditor for redistribution to the City, County and School District. Tax increments from property located in one county must be expended for the direct and primary benefit of a project located within that county, unless both county boards involved waive this requirement. Tax increments shall not be used to circumvent levy limitations applicable to the Authority. Tax increment shall not be used to finance the acquisition, construction, renovation, operation, or maintenance of a building to be used primarily and regularly for conducting the business of a municipality, county, school district, or any other local unit of government or the State or federal government, or for a commons area used as a public park, or a facility used for social, recreational, or conference purposes. This prohibition does not apply to the construction or renovation of a parking structure or of a privately owned facility for conference purposes. If there exists any type of agreement or arrangement providing for the developer, or other beneficiary of assistance, to repay all or a portion of the assistance that was paid or financed with tax increments, such payments shall be subject to all of the restrictions imposed on the use of tax increments. Assistance includes sale of property at less than the cost of acquisition or fair market value, grants, ground or other leases at less than fair market rent, interest rate subsidies, utility service connections, roads, or other similar assistance that would otherwise be paid for by the developer or beneficiary. Section R Excess Tax Increment In any year in which the tax increments from the TIF District exceed the amount necessary to pay the estimated public costs authorized by the TIF Plan, the Authority shall use the excess tax increments to: (1) prepay any outstanding tax increment bonds; (2) discharge the pledge of tax increments thereof; (3) pay amounts into an escrow account dedicated to the payment of the tax increment bonds; or 92 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 9 (4) return excess tax increments to the County Auditor for redistribution to the City, County and School District. The County Auditor must report to the Commissioner of Education the amount of any excess tax increment redistributed to the School District within 30 days of such redistribution. Section S Tax Increment Pooling and the Five Year Rule At least 75% of the tax increments from the TIF District must be expended on activities within the district or to pay for bonds used to finance the estimated public costs of the TIF District (see Section E for additional restrictions). No more than 25% of the tax increments may be spent on costs outside of the TIF District but within the boundaries of the Project Area, except to pay debt service on credit enhanced bonds. All administrative expenses are considered to have been spent outside of the TIF District. Tax increments are considered to have been spent within the TIF District if such amounts are: (1) actually paid to a third party for activities performed within the TIF District within five years after certification of the district; (2) used to pay bonds that were issued and sold to a third party, the proceeds of which are reasonably expected on the date of issuance to be spent within the later of the five-year period or a reasonable temporary period or are deposited in a reasonably required reserve or replacement fund. (3) used to make payments or reimbursements to a third party under binding contracts for activities performed within the TIF District, which were entered into within five years after certification of the district; or (4) used to reimburse a party for payment of eligible costs (including interest) incurred within five years from certification of the district. Beginning with the sixth year following certification of the TIF District, at least 75% of the tax increments must be used to pay outstanding bonds or make contractual payments obligated within the first five years. When outstanding bonds have been defeased and sufficient money has been set aside to pay for such contractual obligations, the TIF District must be decertified. The Authority does currently anticipate that tax increments will be spent outside the TIF District for affordable housing and for allowable administrative expenses, and such expenditures are expressly authorized in this TIF Plan. Section T Limitation on Administrative Expenses Administrative expenses are defined as all costs of the Authority other than: (1) amounts paid for the purchase of land; (2) amounts paid for materials and services, including architectural and engineering services directly connected with the physical development of the real property in the project; (3) relocation benefits paid to, or services provided for, persons residing or businesses located in the project; (4) amounts used to pay principal or interest on, fund a reserve for, or sell at a discount bonds issued pursuant to section 469.178; or (5) amounts used to pay other financial obligations to the extent those obligations were used to finance costs described in clause (1) to (3). Administrative expenses include amounts paid for services provided by bond counsel, fiscal consultants, planning or economic development consultants, and actual costs incurred by the County in administering the TIF District. Tax 93 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 10 increments may be used to pay administrative expenses of the TIF District up to the lesser of (a) 10% of the total tax increment expenditures authorized by the TIF Plan or (b) 10% of the total tax increments received by the TIF District. Section U Limitation on Property Not Subject to Improvements - Four Year Rule If after four years from certification of the TIF District no demolition, rehabilitation, renovation, or qualified improvement of an adjacent street has commenced on a parcel located within the TIF District, then that parcel shall be excluded from the TIF District and the original net tax capacity shall be adjusted accordingly. Qualified improvements of a street are limited to construction or opening of a new street, relocation of a street, or substantial reconstruction or rebuilding of an existing street. The Authority must submit to the County Auditor, by February 1 of the fifth year, evidence that the required activity has taken place for each parcel in the TIF District. If a parcel is excluded from the TIF District and the Authority or owner of the parcel subsequently commences any of the above activities, the Authority shall certify to the County Auditor that such activity has commenced and the parcel shall once again be included in the TIF District. The County Auditor shall certify the net tax capacity of the parcel, as most recently certified by the Commissioner of Revenue, and add such amount to the original net tax capacity of the TIF District. Section V Estimated Impact on Other Taxing Jurisdictions Exhibit IV shows the estimated impact on other taxing jurisdictions if the maximum projected retained captured net tax capacity of the TIF District was hypothetically available to the other taxing jurisdictions. The Authority believes that there will be no adverse impact on other taxing jurisdictions during the life of the TIF District, since the proposed development would not have occurred without the establishment of the TIF District and the provision of public assistance. A positive impact on other taxing jurisdictions will occur when the TIF District is decertified and the development therein becomes part of the general tax base. The fiscal and economic implications of the proposed tax increment financing district, as pursuant to Minnesota Statutes, Section 469.175, Subdivision 2, are listed below. 1. The total amount of tax increment that will be generated over the life of the district is estimated to be $22,080,275. 2. To the extent the project in the TIF District generates any public cost impacts on city-provided services such as police and fire protection, public infrastructure, and the impact of any general obligation tax increment bonds attributable to the district upon the ability to issue other debt for general fund purposes, such costs will be levied upon the taxable net tax capacity of the Authority, excluding that portion captured by the District. 3. The amount of tax increments over the life of the district that would be attributable to school district levies, assuming the school district’s share of the total local tax rate for all taxing jurisdictions remained the same, is estimated to be $4,550,987. 4. The amount of tax increments over the life of the district that would be attributable to county levies, assuming the county’s share of the total local tax rate for all taxing jurisdictions remained the same is estimated to be $6,286,499. 5. No additional information has been requested by the county or school district that would enable it to determine additional costs that will accrue to it due to the development proposed for the district. Section W Prior Planned Improvements The Authority shall accompany its request for certification to the County Auditor (or notice of district enlargement), with a listing of all properties within the TIF District for which building permits have been issued during the 18 months 94 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 11 immediately preceding approval of the TIF Plan. The County Auditor shall increase the original net tax capacity of the TIF District by the net tax capacity of each improvement for which a building permit was issued. There have been no building permits issued in the last 18 months in conjunction with any of the properties within the TIF District. Section X Development Agreements If within a project containing a renewal and renovation district, more than 25% of the acreage of the property to be acquired by the Authority is purchased with tax increment bonds proceeds (to which tax increment from the property is pledged), then prior to such acquisition, the Authority must enter into an agreement for the development of the property. Such agreement must provide recourse for the Authority should the development not be completed. The Authority anticipates entering into an agreement for development, however the Authority does not anticipate acquiring property. Section Y Assessment Agreements The Authority may, upon entering into a development agreement, also enter into an assessment agreement with the developer, which establishes a minimum market value of the land and improvements for each year during the life of the TIF District. The assessment agreement shall be presented to the County or City Assessor who shall review the plans and specifications for the improvements to be constructed, review the market value previously assigned to the land, and so long as the minimum market value contained in the assessment agreement appears to be an accurate estimate, shall certify the assessment agreement as reasonable. The assessment agreement shall be filed for record in the office of the County Recorder of each county where the property is located. Any modification or premature termination of this agreement must first be approved by the City, County and School District. The Authority does not anticipate entering into an assessment agreement; however, it does reserve the right to enter into an assessment agreement for future projects if deemed necessary. Section Z Modifications of the Tax Increment Financing Plan Any reduction or enlargement in the geographic area of the Project Area or the TIF District; a determination to capitalize interest on the debt if that determination was not part of the original TIF Plan, increase in the portion of the captured net tax capacity to be retained by the Authority; increase in the total estimated public costs; or designation of property to be acquired by the Authority shall be approved only after satisfying all the necessary requirements for approval of the original TIF Plan. This paragraph does not apply if: (1) the only modification is elimination of parcels from the TIF District; and (2) the current net tax capacity of the parcels eliminated equals or exceeds the net tax capacity of those parcels in the TIF District's original net tax capacity, or the Authority agrees that the TIF District's original net tax capacity will be reduced by no more than the current net tax capacity of the parcels eliminated. The Authority must notify the County Auditor of any modification that reduces or enlarges the geographic area of the TIF District. The geographic area of the TIF District may be reduced but not enlarged after five years following the date of certification. Section AA Administration of the Tax Increment Financing Plan Upon adoption of the TIF Plan, the Authority shall submit a copy of such plan to the Minnesota Department of Revenue and the Office of the State Auditor. The Authority shall also request that the County Auditor certify the 95 Housing and Redevelopment Authority of the City of Golden Valley, Minnesota BAKER TILLY Page 12 original net tax capacity and net tax capacity rate of the TIF District. To assist the County Auditor in this process, the Authority shall submit copies of the TIF Plan, the resolution establishing the TIF District and adopting the TIF Plan, and a listing of any prior planned improvements. The Authority shall also send the County Assessor any assessment agreement establishing the minimum market value of land and improvements in the TIF District, and shall request that the County Assessor review and certify this assessment agreement as reasonable. The County shall distribute to the Authority the amount of tax increment as it becomes available. The amount of tax increment in any year represents the applicable property taxes generated by the retained captured net tax capacity of the TIF District. The amount of tax increment may change due to development anticipated by the TIF Plan, other development, inflation of property values, or changes in property classification rates or formulas. In administering and implementing the TIF Plan, the following actions should occur on an annual basis: (1) prior to July 1, the Authority shall notify the County Assessor of any new development that has occurred in the TIF District during the past year to insure that the new value will be recorded in a timely manner. (2) if the County Auditor receives the request for certification of a new TIF District, or for modification of an existing TIF District, before July 1, the request shall be recognized in determining local tax rates for the current and subsequent levy years. Requests received on or after July 1 shall be used to determine local tax rates in subsequent years. (3) each year the County Auditor shall certify the amount of the original net tax capacity of the TIF District. The amount certified shall reflect any changes that occur as a result of the following: (a) the value of property that changes from tax-exempt to taxable shall be added to the original net tax capacity of the TIF District. The reverse shall also apply; (b) the original net tax capacity may be modified by any approved enlargement or reduction of the TIF District; (c) if laws governing the classification of real property cause changes to the percentage of estimated market value to be applied for property tax purposes, then the resulting increase or decrease in net tax capacity shall be applied proportionately to the original net tax capacity and the retained captured net tax capacity of the TIF District. The County Auditor shall notify the Authority of all changes made to the original net tax capacity of the TIF District. Section AB Filing TIF Plan, Financial Reporting and Disclosure Requirements The Authority will file the TIF Plan, and any subsequent amendments thereto, with the Commissioner of Revenue and the Office of the State Auditor pursuant to Minnesota Statutes, Section 469.175, subdivision 4A. The Authority will comply with all reporting requirements for the TIF District under Minnesota Statutes, Section 469.175, subdivisions 5 and 6. 96 Exhibit I MAP OF TAX INCREMENT FINANCING (Renewal and Renovation) DISTRICT Within Valley Square Redevelopment Project Area 97 Exhibit II Assumptions Report City of Golden Valley, Minnesota Tax Increment Renewal & Renovation District Golden Valley Rd & Wisconsin Ave Project TIF Projections - $80.1M EMV Type of Tax Increment Financing District Renewal & Renovation Maximum Duration of TIF District 15 years from 1st increment Projected Certification Request Date 06/30/23 Decertification Date 12/31/42 (16 Years of Increment) 2022/2023 Base Estimated Market Value $4,394,000 Original Net Tax Capacity $60,679 Assessment/Collection Year 2024/2025 2025/2026 2026/2027 2027/2028 Base Estimated Market Value $4,394,000 $4,394,000 $4,394,000 $4,394,000 Estimated Increase in Value - New Construction 0 0 56,296,336 77,257,258 Total Estimated Market Value 4,394,000 4,394,000 60,690,336 81,651,258 Total Net Tax Capacity $60,679 $60,679 $775,574 $1,038,028 City of Golden Valley 53.407% Hennepin County 34.542% ISD #270 25.006% Other 8.368% Local Tax Capacity Rate 121.323% 2022/2023 Fiscal Disparities Contribution From TIF District 34.7219% City Retainage Percent (maximum = 10%)10.00% Bonds Note (Pay-As-You-Go) Bonds Dated NA Note Dated 08/01/25 Bond Rate NA Note Rate 6.00% Bond Amount NA Note Amount $11,243,000 Present Value Date & Rate 06/30/24 5.00%PV Amount $13,131,793 Notes Projections assume no future changes to classification rates and current tax rates remain constant. Projections based on a base market value for the property of $4,394,000 as provided by the County. Projections based on a completed market value of $80,134,000 as provided by the County. Projections assume a completed M/F EMV of $75.5M + pro-rata share of land value for total of $77,774,658 Projections assume a completed commercial EMV of $1.8M + Pro-rata share of land value for a total of $2,359,342. Projections assume a 2.5% market value inflation assumption. Projections assume 100% completion in 2025 for commercial project. Projections assume 75% construction in 2025, and 100% completion in 2026 for multi-family project. Projections assume delay in first receipt of increment to taxes payable 2027. 98 Exhibit III Projected Tax Increment Report City of Golden Valley, Minnesota Tax Increment Renewal & Renovation District Golden Valley Rd & Wisconsin Ave Project TIF Projections - $80.1M EMV Less: Less: Retained Times:Less:Less: Annual Total Total Original Fiscal Captured Tax Annual State Aud.Subtotal City Annual Period Market Net Tax Net Tax Disp. @ Net Tax Capacity Gross Tax Deduction Net Tax Retainage Net Ending Value Capacity Capacity 34.7219% Capacity Rate Increment 0.360% Increment 10.00% Revenue (1)(2)(3)(4) (5) (5)(6)(7)(8)(9)(10)(11) 12/31/24 4,394,000 60,679 60,679 0 0 121.323%0 0 0 0 0 12/31/25 4,394,000 60,679 60,679 0 0 121.323%0 0 0 0 0 12/31/26 4,394,000 60,679 60,679 0 0 121.323%0 0 0 0 0 12/31/27 60,690,336 775,574 60,679 10,362 704,533 121.323% 854,761 3,077 851,684 85,168 766,516 12/31/28 81,651,258 1,038,028 60,679 10,771 966,578 121.323% 1,172,681 4,222 1,168,459 116,846 1,051,613 12/31/29 83,692,540 1,063,998 60,679 11,191 992,127 121.323% 1,203,679 4,333 1,199,346 119,935 1,079,411 12/31/30 85,784,853 1,090,616 60,679 11,622 1,018,315 121.323% 1,235,450 4,448 1,231,002 123,100 1,107,902 12/31/31 87,929,475 1,117,900 60,679 12,063 1,045,158 121.323% 1,268,017 4,565 1,263,452 126,345 1,137,107 12/31/32 90,127,712 1,145,867 60,679 12,515 1,072,672 121.323% 1,301,398 4,685 1,296,713 129,671 1,167,042 12/31/33 92,380,904 1,174,532 60,679 12,978 1,100,875 121.323% 1,335,614 4,808 1,330,806 133,081 1,197,725 12/31/34 94,690,427 1,203,914 60,679 13,453 1,129,782 121.323% 1,370,685 4,934 1,365,751 136,575 1,229,176 12/31/35 97,057,688 1,234,031 60,679 13,940 1,159,412 121.323% 1,406,633 5,064 1,401,569 140,157 1,261,412 12/31/36 99,484,130 1,264,900 60,679 14,439 1,189,782 121.323% 1,443,479 5,197 1,438,282 143,828 1,294,454 12/31/37 101,971,233 1,296,542 60,679 14,951 1,220,911 121.323% 1,481,246 5,332 1,475,914 147,591 1,328,323 12/31/38 104,520,514 1,328,974 60,679 15,475 1,252,820 121.323% 1,519,958 5,472 1,514,486 151,449 1,363,037 12/31/39 107,133,527 1,362,217 60,679 16,012 1,285,526 121.323% 1,559,638 5,615 1,554,023 155,402 1,398,621 12/31/40 109,811,865 1,396,291 60,679 16,563 1,319,049 121.323% 1,600,310 5,761 1,594,549 159,455 1,435,094 12/31/41 112,557,162 1,431,217 60,679 17,128 1,353,410 121.323% 1,641,998 5,911 1,636,087 163,609 1,472,478 12/31/42 115,371,091 1,467,016 60,679 17,707 1,388,630 121.323% 1,684,728 6,065 1,678,663 167,866 1,510,797 $22,080,275 $79,489 $22,000,786 $2,200,078 $19,800,708 99 Exhibit IV Estimated Impact on Other Taxing Jurisdictions Report City of Golden Valley, Minnesota Tax Increment Renewal & Renovation District Golden Valley Rd & Wisconsin Ave Project TIF Projections - $80.1M EMV Without Project or TIF District With Project and TIF District Final Projected Hypothetical 2022/2023 2022/2023 Retained New Hypothetical Hypothetical Tax Generated Taxable 2022/2023 Taxable Captured Taxable Adjusted Decrease In by Retained Taxing Net Tax Local Net Tax Net Tax Net Tax Local Local Captured Jurisdiction Capacity (1) Tax Rate Capacity (1) + Capacity = Capacity Tax Rate (*) Tax Rate (*)N.T.C. (*) City of Golden Valley 55,710,032 53.407% 55,710,032 $1,388,630 57,098,662 52.108% 1.299% 723,589 Hennepin County 2,478,633,845 34.542% 2,478,633,845 1,388,630 2,480,022,475 34.523% 0.019% 479,392 ISD #270 160,133,777 25.006% 160,133,777 1,388,630 161,522,407 24.791% 0.215% 344,256 Other -8.368%---8.368%-- Totals 121.323%119.790% 1.533% * Statement 1: If the projected Retained Captured Net Tax Capacity of the TIF District was hypothetically available to each of the taxing jurisdictions above, the result would be a lower local tax rate (see Hypothetical Adjusted Tax Rate above) which would produce the same amount of taxes for each taxing jurisdiction. In such a case, the total local tax rate would decrease by 1.533% (see Hypothetical Decrease in Local Tax Rate above). The hypothetical tax that the Retained Captured Net Tax Capacity of the TIF District would generate is also shown above. Statement 2: Since the projected Retained Captured Net Tax Capacity of the TIF District is not available to the taxing jurisdictions, then there is no impact on taxes levied or local tax rates. (1) Taxable net tax capacity = total net tax capacity - captured TIF - fiscal disparity contribution, if applicable. (2) The impact on these taxing jurisdictions is negligible since they represent only 6.90% of the total tax rate. 100 Exhibit V Market Value Analysis Report City of Golden Valley, Minnesota Tax Increment Renewal & Renovation District Golden Valley Rd & Wisconsin Ave Project TIF Projections - $80.1M EMV Assumptions Present Value Date 06/30/24 P.V. Rate - Gross T.I.5.00% Increase in EMV With TIF District $110,977,091 Less: P.V of Gross Tax Increment 13,131,793 Subtotal $97,845,298 Less: Increase in EMV Without TIF 0 Difference $97,845,298 Annual Present Gross Tax Value @ Year Increment 5.00% 1 2027 854,761 738,375 2 2028 1,172,681 964,768 3 2029 1,203,679 943,114 4 2030 1,235,450 921,912 5 2031 1,268,017 901,156 6 2032 1,301,398 880,837 7 2033 1,335,614 860,949 8 2034 1,370,685 841,482 9 2035 1,406,633 822,429 10 2036 1,443,479 803,783 11 2037 1,481,246 785,536 12 2038 1,519,958 767,682 13 2039 1,559,638 750,213 14 2040 1,600,310 733,120 15 2041 1,641,998 716,398 $22,080,275 $13,131,793 101 Exhibit VI PROJECTED PAY-AS-YOU-GO-NOTE REPORT City of Golden Valley, Minnesota Tax Increment Renewal & Renovation District Golden Valley Rd & Wisconsin Ave Project TIF Projections - $80.1M EMV Note Date:08/01/25 Note Rate:6.00% Amount: $11,243,000 Cumulative Unpaid Semi-Annual Loan Interest Accrued Net Balance Date Principal Interest P & I Due Interest Revenue Outstanding (1)(2)(3)(4)(5)(6)(7)(7) 11,243,000.00 02/01/26 0.00 0.00 0.00 337,290.00 337,290.00 0.00 11,243,000.00 08/01/26 0.00 0.00 0.00 674,580.00 674,580.00 0.00 11,243,000.00 02/01/27 0.00 0.00 0.00 1,011,870.00 1,011,870.00 0.00 11,243,000.00 08/01/27 0.00 383,258.00 383,258.00 1,349,160.00 965,902.00 383,258.00 11,243,000.00 02/01/28 0.00 383,258.00 383,258.00 1,303,192.00 919,934.00 383,258.00 11,243,000.00 08/01/28 0.00 525,806.50 525,806.50 1,257,224.00 731,417.50 525,806.50 11,243,000.00 02/01/29 0.00 525,806.50 525,806.50 1,068,707.50 542,901.00 525,806.50 11,243,000.00 08/01/29 0.00 539,705.50 539,705.50 880,191.00 340,485.50 539,705.50 11,243,000.00 02/01/30 0.00 539,705.50 539,705.50 677,775.50 138,070.00 539,705.50 11,243,000.00 08/01/30 78,591.00 475,360.00 553,951.00 475,360.00 0.00 553,951.00 11,164,409.00 02/01/31 219,018.73 334,932.27 553,951.00 334,932.27 0.00 553,951.00 10,945,390.27 08/01/31 240,191.79 328,361.71 568,553.50 328,361.71 0.00 568,553.50 10,705,198.48 02/01/32 247,397.55 321,155.95 568,553.50 321,155.95 0.00 568,553.50 10,457,800.93 08/01/32 269,786.97 313,734.03 583,521.00 313,734.03 0.00 583,521.00 10,188,013.96 02/01/33 277,880.58 305,640.42 583,521.00 305,640.42 0.00 583,521.00 9,910,133.38 08/01/33 301,558.50 297,304.00 598,862.50 297,304.00 0.00 598,862.50 9,608,574.88 02/01/34 310,605.25 288,257.25 598,862.50 288,257.25 0.00 598,862.50 9,297,969.63 08/01/34 335,648.91 278,939.09 614,588.00 278,939.09 0.00 614,588.00 8,962,320.72 02/01/35 345,718.38 268,869.62 614,588.00 268,869.62 0.00 614,588.00 8,616,602.34 08/01/35 372,207.93 258,498.07 630,706.00 258,498.07 0.00 630,706.00 8,244,394.41 02/01/36 383,374.17 247,331.83 630,706.00 247,331.83 0.00 630,706.00 7,861,020.24 08/01/36 411,396.39 235,830.61 647,227.00 235,830.61 0.00 647,227.00 7,449,623.85 02/01/37 423,738.28 223,488.72 647,227.00 223,488.72 0.00 647,227.00 7,025,885.57 08/01/37 453,384.93 210,776.57 664,161.50 210,776.57 0.00 664,161.50 6,572,500.64 02/01/38 466,986.48 197,175.02 664,161.50 197,175.02 0.00 664,161.50 6,105,514.16 08/01/38 498,353.08 183,165.42 681,518.50 183,165.42 0.00 681,518.50 5,607,161.08 02/01/39 513,303.67 168,214.83 681,518.50 168,214.83 0.00 681,518.50 5,093,857.41 08/01/39 546,494.78 152,815.72 699,310.50 152,815.72 0.00 699,310.50 4,547,362.63 02/01/40 562,889.62 136,420.88 699,310.50 136,420.88 0.00 699,310.50 3,984,473.01 08/01/40 598,012.81 119,534.19 717,547.00 119,534.19 0.00 717,547.00 3,386,460.20 02/01/41 615,953.19 101,593.81 717,547.00 101,593.81 0.00 717,547.00 2,770,507.01 08/01/41 653,123.79 83,115.21 736,239.00 83,115.21 0.00 736,239.00 2,117,383.22 02/01/42 672,717.50 63,521.50 736,239.00 63,521.50 0.00 736,239.00 1,444,665.72 08/01/42 712,058.53 43,339.97 755,398.50 43,339.97 0.00 755,398.50 732,607.19 02/01/43 732,607.19 21,978.22 754,585.41 21,978.22 0.00 754,585.41 0.00 $11,243,000 $8,556,894.91 $19,799,894.91 $19,799,894.91 Surplus Tax Increment 813 Total Net Revenue $19,800,708.00 102 Exhibit VII RENEWAL AND RENOVATION QUALIFICATIONS FOR THE DISTRICT 103 Exhibit VII 104 Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and controlled subsidiary of Baker Tilly US, LLP, an accounting firm. Baker Tilly US, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. © 2020 Baker Tilly Municipal Advisors, LLC MEMORANDUM TO: Ms. Cherie Shoquist-Henderson, City of Golden Valley FROM: Tom Denaway, Baker Tilly DATE: May 11, 2023 SUBJECT: TIF (Renewal & Renovation) District Summary Memo Project The Developer, Sentinel Management Company, is proposing the redevelopment of a site located at the southeast corner of the intersection of Wisconsin Avenue and Golden Valley Road. The Developer is proposing the demolition of the two existing commercial buildings located on the site, and the development of a new commercial bank building and an approximately 303-unit multi-family building. The multi-family building is approximately 397,610 square feet, including a structured parking facility with an anticipated 450 parking spaces. The building will contain a mix of units ranging in size from studio units to 3-bedroom units. In addition to the multi-family development the Developer is proposing the construction of a new bank building of approximately 4,348 sf on the southwest corner of the development site The Developer is proposing that demolition of the existing buildings will commence in 2023, along with construction of the bank building which will be initiated in 2023 and completed in 2024. Construction on the multi-family building is slated to begin in 2024 with completion projected in 2025. The Developer has estimated the total development cost applicable to the bank portion of the development is $4,869,480 and the multi-family building is $103,964,485, bringing the total cost of the combined development to $108,833,965. Based on the inclusionary zoning policy the multi-family building will be providing 46 units (15%) as affordable units at an income threshold of 60% of the Area Median Income for a period of 20-years. Proposed Project Costs Project Cost Amount Total Acquisition Cost $5,800,000 Public & Site Improvements $1,015,000 Bank Building Hard Costs $2,207,040 Multi-Family Building & Parking Structure Hard Costs $79,537,500 Total Hard Costs $82,759,540 Bank Building Soft Costs $366,776 Multi-Family Building Soft Costs $9,433,885 Bank – Financing Costs $186,964 Multi-Family – Financing Costs $4,984,700 Bank – Contingency $108,700 Multi-Family – Contingency $5,193,400 Total Soft Costs $20,274,425 Total Project Costs $108,833,965 Baker Tilly Municipal Advisors, LLC 30 East Seventh St., Ste 305 St. Paul, MN 55101 United States of America T: +1 (651) 223 3000 F: +1 (651) 223 3046 bakertilly.com 105 Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and controlled subsidiary of Baker Tilly US, LLP, an accounting firm. Baker Tilly US, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. © 2020 Baker Tilly Municipal Advisors, LLC Renewal & Renovation TIF District Eligibility The Developer is requesting that a Renewal and Renovation TIF District be created to provided assistance with the redevelopment of the site. The creation of a Renewal & Renovation TIF District is predicated on the existing condition of the project site, and the obsolescent nature of the buildings present on the redevelopment site. Renewal & Renovation Districts are eligible to be created to remove barriers to investment associated with the redevelopment of blighted sites. Renewal & Renovation TIF District’s do not require a specific type of new project to be developed on the site, and any future private use of the site is eligible (i.e., multi-family housing, commercial, office, etc.). State Statute provides the following requirements for qualifying a site as a Renewal & Renovation TIF District. A Renewal & Renovation district is a type of tax increment financing district consisting of a project, or portions of a project, within which the authority finds by resolution that: (1) (i) parcels consisting of 70% percent of the area of the district are occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures; (ii) 20 percent of the buildings are structurally substandard; and (iii) 30 percent of the other buildings require substantial renovation or clearance to remove existing conditions such as: inadequate street layout, incompatible uses or land use relationships, overcrowding of buildings on the land, excessive dwelling unit density, obsolete buildings not suitable for improvement or conversion, or other identified hazards to the health, safety, and general well-being of the community; and (2) The conditions described in clause (1) are reasonably distributed throughout the geographic area of the District. For purposes of making the findings outlined above "Structurally substandard" is defined as buildings containing defects or deficiencies in structural elements, essential utilities and facilities, light and ventilation, fire protection (including egress), layout and condition of interior partitions, or similar factors. Generally, a building is not structurally substandard if it is in compliance with the building code applicable to a new building or could be modified to satisfy the existing code at a cost of less than 15% of the cost of constructing a new structure of the same size and type. A municipality may not find that a building is structurally substandard without an interior inspection, unless it can not gain access to the property and there exists evidence which supports the structurally substandard finding. Such evidence includes recent fire or police inspections, on-site property tax appraisals or housing inspections, exterior evidence of deterioration, or other similar reliable evidence. Written documentation of the findings and reasons why an interior inspection was not conducted must be made and retained. A parcel is deemed to be occupied by a structurally substandard building if all of the following conditions are met: (1) the parcel was occupied by a substandard building within three years of the filing of the request for certification of the parcel as part of the district; (2) the demolition or removal of the substandard building was performed or financed by the authority, or was performed by a developer under a development agreement with the authority, (3) the authority found by resolution before such demolition or removal occurred that the building was structurally substandard and that the authority intended to include the parcel in the TIF district, and (4) the authority notifies the county auditor that the original tax capacity of the parcel must be adjusted upon filing the request for certification of the tax capacity of the parcel as part of a district. The qualifying information, facts and findings must be kept in written form for the life of the district and made available to the public upon request. The parcels and existing buildings within the TIF District have been found to qualify under the eligibility requirements for creation of a Renewal & Renovation TIF District, and are formalized and documented within a study prepared by LHB the findings of which will be incorporated within the TIF Plan. 106 Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and controlled subsidiary of Baker Tilly US, LLP, an accounting firm. Baker Tilly US, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. © 2020 Baker Tilly Municipal Advisors, LLC Limitation on use of TIF Revenue in Renewal & Renovation District At least 90 percent of the tax increment from a renewal & renovation district must be used to finance the cost of correcting conditions that allow designation of the districts. These costs include, but are not limited to, acquiring properties containing structurally substandard buildings or improvements or hazardous substances, pollution, or contaminants, acquiring adjacent parcels necessary to provide a site of sufficient size to permit development, demolition and rehabilitation of structures, clearing of land, removal of hazardous substances or remediation necessary to develop the land, and installation of utilities, roads, sidewalks, and parking facilities for the site. The allocated administrative expenses of the authority may be included in the qualifying costs. Renewal & Renovation TIF District Duration Renewal & Renovation Districts have the eligibility to be in place for a period of 16-total years, and the proposed District is expected to be active for the full duration. TIF Revenue Projections and Proposed TIF Assistance Budget In preparing the estimated TIF Revenue Projections we used the following assumptions • Total Estimated Market Value (EMV) post-development of $80,134,000 as based on potential valuation provided by Hennepin County. • Existing Base Market Value of the property $4,394,000 • 2.5% Annual Market Value inflation assumption • Assumed project is partially completed in 2025, assessed in 2026, with first TIF revenue in 2027 • Assumed project is 100% completed in 2026, and first full TIF revenue is received in 2028 • Final Pay2023 Tax Rates were used: 121.323% • 10% City Administrative Retainage • 16-Year TIF District Duration TIF Revenue Projections Amount First-Year Partial TIF Amount (Prior to Inflation) $851,684 Second-Year Full TIF Amount (Prior to Inflation) $1,168,459 16-Year Duration Total $22,000,786 We utilized the TIF revenue projections to prepare the following budget for TIF reimbursement related to the proposed project. The TIF assistance is proposed to be provided on a pay-as-you-go basis, and only to the extent that TIF revenue is generated with 90% of the annual TIF revenue available to reimburse Developer TIF eligible expenditures. Since the TIF revenue is provided on a pay-as-you-go basis, the Authority will have no obligation to satisfy any outstanding amount in the event that actual TIF revenue is less than projected. For purposes of this analysis, we have assumed the TIF Pay-Go note will have an issue date of 08/01/2024 and reimbursement will be made to the Developer in a principal amount of $11,243,000 along with interest expense based on an assumed interest rate of 6.0%. The table below illustrates the proposed preliminary Developer TIF reimbursable budget: TIF Uses (Principal Amounts) Amount Land/Building Acquisition $1,560,000 City Improvements $1,015,000 Demolition, Site Improvements, and Parking Costs $9,072,000 Affordable Housing Pooling (5%) $1,100,039 City Admin Retainage (5%) $1,100,039 Total TIF Project Costs $13,443,078 Interest on Developer Pay-Go Note $8,557,708 Total Proposed TIF District Budget $22,000,786 107 Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and controlled subsidiary of Baker Tilly US, LLP, an accounting firm. Baker Tilly US, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. © 2020 Baker Tilly Municipal Advisors, LLC The sum of the Developer incurred reimbursable TIF expenses identified above is $11,243,000, which is the anticipated principal amount of the Developer pay-as-you-go TIF Note. The Developer will be responsible for providing documentation that they incurred TIF eligible reimbursable expenses, in the categories identified above, in an amount up to $11,243,000. Once this amount is certified, they will be eligible to receive reimbursement of this principal amount of assistance, plus interest carrying cost, over the duration of the District until either this principal amount is satisfied or the District reaches its maximum statutory duration. The principal value of the TIF assistance received by the Developer will not exceed the identified $11,243,000 amount identified here and which will be incorporated into the TIF eligible use budget defined by the Tax Increment Financing Plan that will be created for the District. Need for Assistance In order to make the finding that the project would not be likely to proceed “but-for” the requested financial assistance we reviewed project cost and operating assumptions provide by the Developer. Using this information, we prepared a project pro forma and performed an unleveraged Internal Rate of Return (IRR) analysis which allowed us to estimate the potential return on investment to the Developer with and without the requested TIF assistance. For purposes of this analysis, we calculated the return based on a 10-year operating pro forma following a two-year construction and lease-up period and used this information to project the anticipated unleveraged IRR of the project both with and without assistance. The project pro forma includes a set-aside of 15% of the housing units (46 units) as affordable for incomes at 60% of the Area Median Income, for a period of 20-years. The incorporation of approximately 15% of the total units at levels of affordability at 60% AMI does result in a lower project Net Operating Income amount due to the limits on rental rates that will be placed on the affordable units. We projected the anticipated Net Present Value of the period of 20-years the lower NOI as a result of 15% of the units having affordable rent restriction, and found the impact of providing the affordable units to have a present value of approximately $5,885,293. This amount is the projected present value of the lost operating income due to the provision of the affordable units in comparison to if the project was 100% market rate. In reviewing the Developer’s proposed project cost budget and operating pro forma for purposes of calculating an unleveraged IRR, we made a couple of changes to the anticipated budget. These changes included adjustments to the anticipated Developer Fee and Contingency line-item amounts, and reduced the overall budget on which the return on investment calculation is based. The adjustments were made to illustrate the potential return on investment generated by the project in the highest potential manner. We utilized the IRR analysis to estimate the potential return on investment realized by the Developer if they were to undertake the project without assistance, as this financial measure can be used to illustrate the financial feasibility of the project and its likelihood of being undertaken without the requested financial assistance. By projecting the anticipated return generated by the project without assistance, and comparing it to industry benchmarks for project feasibility, we can draw conclusions about the likelihood of the project proceeding. If the projected rate of return realized by the project without assistance falls below industry benchmarks for project feasibility, we can make the conclusion that the project would be unlikely to occur but-for the requested TIF assistance. Additionally, by comparing the projected rate of return with-assistance to the same industry benchmarks we can provide comment on the reasonableness of the amount of TIF assistance being provided and ensure that the project is not being over-incentivized. The third-party benchmark we utilized for purposes of establishing a feasibility benchmark is the PriceWaterhouseCooper (PWC) Real Estate Developer Survey. This survey identifies the nationwide average of returns sought by developers of real estate projects, broken down by type. The PWC survey is a conservative, or low threshold, for purposes of setting a feasibility threshold. If a project’s anticipated Unleveraged Internal Rate of Return falls below this conservative benchmark, it allows for the finding to be made that the project would be unlikely to proceed due to inadequate financial return on investment and that project would be unlikely to proceed but-for the requested TIF assistance. The PWC Survey identified a range of returns sought by Developer of 4.75% to 10.00% with an average return threshold of 6.86%. The survey includes potential returns sought by developer in their investment of both new construction and existing operational facilities. Since there is a significantly different investment risk threshold for operational properties, we utilize the average return identified within the Survey of 6.86% as our feasibility benchmark for investment in a new construction project. 108 Baker Tilly Municipal Advisors, LLC is a registered municipal advisor and controlled subsidiary of Baker Tilly US, LLP, an accounting firm. Baker Tilly US, LLP trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. © 2020 Baker Tilly Municipal Advisors, LLC The table below identifies the projected Unleveraged Rate of Return for the project without assistance and with the requested TIF assistance, based on the inclusion of 15% of the units as affordable at 60% of the AMI. This return calculation is also based on the project cost adjustments we made in regard to the Developer Fee and Contingency line-items, which resulted in a higher baseline IRR amount. Unleveraged IRR Analysis Calculations Return Without Assistance 5.39% With TIF Assistance (16-Years) 6.79% As a result of our analysis, including adjustments to the project costs mentioned above, we calculated a potential return on investment for the project without TIF assistance of 5.39%. This anticipated return without assistance falls below our third-party benchmark of 6.86%. Therefore, we conclude that the project would be unlikely to proceed but-for the requested TIF assistance. Additionally, by projecting the rate of return with the TIF assistance and determining the projected return as 6.79% an amount that is right in-line with our identified feasibility threshold of 6.86%, we are able to conclude that TIF assistance in the proposed principal amount of $11,243,000 will not result in an excessive rate of return being realized by the Developer. Therefore, we conclude that the projected TIF assistance amount is reasonable. Next Steps There is a statutorily defined process that is required to be followed for the creation of a Renewal & Renovation TIF District. This process includes the completion of an analysis of the eligibility of the stie for creation as a Renewal & Renovation District (completed by LHB) and the drafting of a TIF plan describing the proposed redevelopment and the associated TIF budget for eligible uses and revenues. The creation process also includes a number of required steps and notices that must be made. Ultimately this process will conclude at a public hearing, following which the City Council would have the ability to take action on the creation of the proposed District. The timeline proposes the public hearing could be held at the City Council meeting on June 20, 2023. Thank you for the opportunity to assist the City of Golden Valley. Please contact me at 651-223-3075 or tom.denaway@bakertilly.com with any questions or to discuss. 109 GL135-48-880781.v1 1 RESOLUTION NO. 23-049 A RESOLUTION ADOPTING A TAX INCREMENT FINANCING PLAN FOR A TAX INCREMENT (RENEWAL AND RENOVATION) DISTRICT WITHIN VALLEY SQUARE REDEVELOPMENT PROJECT AREA WHEREAS, The City Council in and for the city of Golden Valley (the “City”) established the Housing and Redevelopment Authority in and for the City of Golden Valley (the “HRA”) to promote development and redevelopment within the community; and WHEREAS, The HRA has all the powers and authority of a housing and redevelopment authority under Minnesota Statutes, sections 469.001 through 469.047 (the “HRA Act”); WHEREAS, In response to a proposal to redevelop the properties generally located east of Wisconsin Avenue North, south and west of Golden Valley Road and north of Golden Valley Drive on which existonestructurally substandardbuildingand one building in need of substantial renovation or clearance, the HRA determined to establish a tax increment financing district; and WHEREAS, The HRA and the City investigated the facts and caused to be prepared a tax increment financing plan (the “TIF Plan”) for Tax Increment Financing (Renewal and Renovation) District within Valley Square Redevelopment Project Area (the “TIF District”), describing the assistance which may be provided to encourage redevelopment within the Redevelopment Project Area; and WHEREAS, All actions required by law to be performed prior to the adoption of the TIF Plan and establishment of the TIF District have been performed, including a finding by the City’s Planning Commission on May 22, 2023 that the TIF Plan is consistent with the City’s comprehensive plan and approval of the TIF Plan by the HRA at itsmeeting on June 20, 2023; and WHEREAS, The HRA and the City notified Hennepin County and Independent School District No. 270 of the public hearing on the TIF Plan to be held before the City Council on June 20, 2023; and WHEREAS, The TIF Plan is contained in a document entitled “Tax Increment Financing Plan for Tax Increment Financing (Renewal and Renovation) District within Valley Square Redevelopment Project Area”, prepared by Baker Tilly Municipal Advisors, LLC dated May 16, 2023 and on file at Golden Valley city hall; and WHEREAS, The City Council has fully reviewed the contents of the TIF Plan and has on June 20, 2023, conducted a public hearing thereon at which the views of all interested persons were received orally or in writing. NOW, THEREFORE, the City Council finds and determines: 110 GL135-48-880781.v1 2 It is necessary and desirable for the sound and orderly development of the Redevelopment Project Area and of the community as a whole, and for the protection and preservation of the public health, safety, and general welfare, that the authority of the TIF Act be exercised by the HRA and the City to establish the TIF District. It is the reasoned opinion of the City, that the redevelopment proposed in the TIF Plan for the TIF District could not reasonably be expected to occur solely through private investment within the reasonably foreseeable future and that the increased market value of the land within the TIF District that could reasonably be expected to occur without the use of tax increment financing would be less than the increase in the market value estimated to result from the proposed redevelopment, after subtracting the present value of the projected tax increments for the maximum duration of the TIF District, and that therefore the use of tax increment financing is necessary to assist the project. The expenditures proposed to be financed through tax increment financing are necessary to permit the HRA and the City to realize the full potential of the Project Area in terms of development intensity, diversity of usesand tax base and to facilitate the redevelopment of land to provide additional market rate and affordable housing, all of which isconsistent with the City’s comprehensive plan. The TIF Plan will afford maximum opportunity, consistent with the sound needs of the City as a whole, for redevelopment of the Redevelopment Project Area by private enterprise. One principal building within the TIF District isstructurally substandard, the second building is in need of substantial renovation or clearance and parcels representing 100% of the area within the TIF District are improved within the meaning of Minnesota Statutes, section 469.174, subd. 10. The TIF Plan conforms to the general plan for the development and redevelopment of Golden Valley as a whole. The developer’s plans to add housing and increase the mix of uses in the Valley Square Redevelopment Project Area is fully consistent with the City’s comprehensive plan. The City has relied upon the written representations made by the developer, review of the developer’s proforma and other financial information by Baker Tilly Municipal Advisors, LLC , the opinions and recommendations of City staff, and the personal knowledge of the members of the City Council in reaching its conclusions regarding the TIF Plan and the establishment of the TIF District. The City also reviewed a Property Condition Assessment report prepared by LHB dated March 31, 2023. The TIF District is a renewal and renovation tax increment financing district within the meaning of Minnesota Statutes, section 469.174, subd. 10a. In preparing its report, LHB reviewed the property to be included within the TIF District regarding the condition of the principal buildings located thereon. The report, which was prepared after an interior and exterior inspection of the buildings, establishes that one building is structurally substandard, the second building requires substantial renovation or clearance and that parcels representing 100% of the area are improved. 111 GL135-48-880781.v1 3 Accordingly, that the TIF District qualifies as a renewal and renovation tax increment district. A copy of this report will be retained at city hall for the duration of the TIF District. Additional reasons and supporting facts regarding the findings required by Minnesota Statutes, section 469.175, subd. 3 are included in Section J Findings and Need for Tax Increment Financing of the TIF Plan and are hereby incorporated into this resolution as if fully set forth herein. NOW THEREFORE, BE IT RESOLVED, BY THE CITY OF GOLDEN VALLEY, MINNESOTA that the TIF Plan for the TIF District is hereby approved, as adopted by the HRA. The TIF District is hereby established. NOW THEREFORE, BE IT FURTHER RESOLVED, BY THE CITY OF GOLDEN VALLEY, MINNESOTA that The Executive Director of the HRA is authorized and directed to instruct Baker Tilly Municipal Advisors, LLC to transmit a certified copy of this resolution together with a certified copy of the TIF Plan to Hennepin County with a request that the original tax capacity of the property within the TIF District be certified to the HRA pursuant to Minnesota Statutes, section 469.177, subd. 1 and to file a copy of the TIF Plan with the Minnesota Department of Revenue. Passed by the City of Golden Valley, Minnesota this day of June 20, 2023. ____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa J. Schyma, City Clerk 112 EXECUTIVE SUMMARY Community Development 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 4B. Approve Vacation of Easements for Sentinel Development (640 Golden Valley LLC) 1. Vacation of Easement Platted Drainage and Utility Easement Golden Valley State Bank Addition (Lot 1, Block 1), Resolution No. 23-050 2. Vacation of Easement Golden Valley Road (Maren Lane), Resolution No. 23-051 3. Vacation of Easement Golden Valley Road (Vermont Avenue), Resolution No. 23-052 4. Platted Drainage and Utility Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lots 1&2, Block 2), Resolution No. 23-053 5. Deeded Sanitary Sewer Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lot 2, Block 2), Resolution No. 23-054 6. Vacation of Golden Valley Drive Right of Way, Resolution No. 23-055 Prepared By RJ Kakach, PE, Assistant City Engineer Jeff Oliver, PE, City Engineer Summary As part of the Sentinel Development Project (640 Golden Valley LLC), a new plat is to be recorded in the southeast corner of the Wisconsin Avenue and Golden Valley Road. In reviewing the existing title work, several easements exist today along Wisconsin Avenue, Golden Valley Road, and Golden Valley Drive in areas that are to be platted as right of way and associated easements as part of the Sentinel project. Due to the new plat for the development, there are no longer needs for these easements as they exist today. Vacation of Platted Drainage and Utility Easement Golden Valley State Bank Addition (Lot 1, Block 1) A platted drainage and utility easement exists on the northern portion and eastern boundary of the Sentinel development site. This easement can be vacated as the new plat will redefine property lines and appropriate easements in this area. Vacation of Easement Golden Valley Road (Maren Lane) An existing drainage and utility easement along Golden Valley Road that currently covers a City watermain located on private property. The watermain will be relocated into the Golden Valley Road right of way and therefore the drainage and utility easement is no longer necessary and can be vacated. Vacation of Easement Golden Valley Road (Vermont Avenue) An existing utility easement along the east side of the 8200 Golden Valley Road property that covers 113 an abandoned watermain which will be removed as part of the project. This existing easement is also in conflict with the proposed new Sentinel Apartment building and needs to be vacated for construction of the new apartments. Platted Drainage and Utility Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lots 1&2, Block 2) A platted drainage and utility easement exists around the current 8200 and 8240 Golden Valley Road properties that includes property line boundary easements as well as additional area for public utilities. This easement can be vacated as the new plat will redefine property lines and appropriate easements in this area. Deeded Sanitary Sewer Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lot 2, Block 2) An existing sanitary sewer easement is in place on the southwest corner of the 8240 property. A sanitary sewer main is present within this easement. The new plat will dedicate this area currently covered by sanitary sewer easement as right of way and drainage and utility easement and therefore the existing sanitary sewer easement can be vacated. Vacation of Golden Valley Drive Right of Way The existing right of way along Golden Valley Drive will be replatted with the Sentinel development and therefore portions are no longer needed as right of way. Sections of right of way along Golden Valley Drive can be vacated as described in the attached exhibit. A notice of public hearing regarding the proposed easement vacations was published and posted. Affected properties were also notified as part of the vacation process - the affected properties being the two associated with the Sentinel development. Staff sent a letter to all private utility companies requesting their review and comment, and there have been no objections to these easement vacations. Since the easements are not adjacent to a public water, notice to the Commissioner of Natural Resources is not required. These items were combined for clarity on the agenda, however, each vacation must take place as a separate public hearing. Financial or Budget Considerations NA Legal Considerations The vacation process is consistent with Minnesota State Statute and utilizes resolution templates previously approved by the City Attorney. Equity Considerations This development meets the City’s goals to preserve and promote economically diverse housing options in our community by creating high quality housing in Golden Valley for households with a variety of income levels, ages, and sizes. Under Fair Housing Law, future residents will not face housing discrimination. The law is intended to prevent discrimination of the protected classes--race, color, creed, religion, national origin, sex, marital status, disability, public assistance, sexual orientation, gender identity or familial status. Lastly, by linking this incentive to affordable housing development provides much needed housing to economically disadvantaged people and households and provides 114 an opportunity for the mixing of incomes to further future residents’ access to social networks and opportunities. Recommended Action 1. Motion to adopt Resolution No. 23-050 Vacating Platted Drainage and Utility Easement Golden Valley State Bank Addition (Lot 1, Block 1) 2. Motion to adopt Resolution No. 23-051 Vacating Golden Valley Road (Maren Lane) Easement 3. Motion to adopt Resolution No. 23-052 Vacating Golden Valley Road (Vermont Avenue) Easement 4. Motion to adopt Resolution No. 23-053 Vacating Platted Drainage and Utility Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lots 1&2, Block 2) 5. Motion to adopt Resolution No. 23-054 Vacating Deeded Sanitary Sewer Easement Golden Valley Road, Golden Valley Drive, and Wisconsin Ave N (Lot 2, Block 2) 6. Motion to adopt Resolution No. 23-055 Vacating Golden Valley Drive Right of Way Supporting Documents 1. Resolution No. 23-050 - Vacate GV State Bank Addition Easement Sentinel 1. Vacation of Platted DU Ease Golden Valley Drive Golden Valley State Bank Exhibit 2. Resolution No. 23-051 - Vacate GV Rd Easement (Maren Lane) Sentinel 2. Vacation of Easement Golden Valley Road (Maren Lane) Exhibit 3. Resolution No. 23-052 - Vacate GV Rd Easement (Vermont Ave) Sentinel 3. Vacation of Easement Golden Valley Road (Vermont Avenue) Exhibit 4. Resolution No. 23-053 - Vacate Platted D&U Easement Valley Square 3rd Addn Sentinel 4. Valley Square 3rd Addn Vacation Exhibit 5. Resolution No. 23-054 - Vacate Sanitary Sewer Easement Sentinel 5. Vacation of Sanitary Sewer Easement Golden Valley Drive Exhibit 6. Resolution No. 23-055 - Vacate GV Dr ROW Sentinel 6. Golden Valley Drive ROW Vacation Exhibit 115 RESOLUTION NO. 23-050 RESOLUTION VACATING PLATTED DRAINAGE AND UTILITY EASEMENT GOLDEN VALLEY STATE BANK ADDITION 1 (LOT 1, BLOCK 1) WHEREAS, The Sentinel development project will require a new plat to be recorded in the southeast corner of the Golden Valley Road and Wisconsin Avenue ; WHEREAS, the existing platted drainage and utility easement associated with the Golden Valley State Bank Addition is no longer required upon approval of the plat for the Sentinel development; WHEREAS, a public hearing to consider the vacation of such easement was held on June 20, 2023 before the City Council in the City Hall located at 7800 Golden Valley Road, Golden Valley, MN at 6:30 p.m. after due published and posted notice had been given, as well as notice to all affected property owners. All interested and affected persons were given an opportunity to voice their concerns and be heard. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that: 1. The vacation is hereby granted and the easement described as follows is hereby vacated: All dedicated drainage and utility easements within Lot 1, Block 1, GOLDEN VALLEY STATE BANK ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota. Adopted by the City Council of Golden Valley, Minnesota this 20 th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 116 WISCONSIN AVENUE NGOLDEN V A L L E Y D R I V E Utility & Drainage Easement Per Plat Utility & Drainage Easement Per Plat (VAC A T E D M A R E N L A N E ) MINNESOTA CERTIFICATION I hereby certify that this survey, plan or report was prepared by me or under my direct supervision and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Dated this 11th day of May, 2023 ______________________________________________ Rory L. Synstelien Minnesota License No. 44565 Project No. 22287 SHEET 1 OF 1 CivilSiteGroup.com DESCRIPTION All dedicated drainage and utility easements within Lot 1, Block 1, GOLDEN VALLEY STATE BANK ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota. Said Easements are dedicated to the Public. Drawn By: Craig J. N SCALE IN FEET 0 80 160 117 RESOLUTION NO. 23-051 RESOLUTION VACATING DRAINAGE AND UTILITY EASEMENT ALONG GOLDEN VALLEY ROAD (MAREN LANE) WHEREAS, The Sentinel development project will require a new plat to be recorded in the southeast corner of the Golden Valley Road and Wisconsin Avenue ; WHEREAS, the existing drainage and utility easement along Golden Valley Road (Maren Lane) is no longer required upon approval of the final plat for the Sentinel development; WHEREAS, a public hearing to consider the vacation of such easement was held on June 20, 2023 before the City Council in the City Hall located at 7800 Golden Valley Road, Golden Valley, MN at 6:30 p.m. after due published and posted notice had been given, as well as notice to all affected property owners. All interested and affected persons were given an opportunity to voice their concerns and be heard. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that: 1. The vacation is hereby granted and the easement described as follows is hereby vacated: The drainage and utility easement within Lot 1, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, as retained in Vacated Maren Lane and described in Document No's 1777640, 1796846 and 1814163, filed in the office of the Registrar of Titles, Hennepin County, Minnesota. Adopted by the City Council of Golden Valley, Minnesota this 20th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 118 Dr a i n a g e & U t i l i t y E a s e m e n t Re t a i n e d P e r D o c . N o s . 17 7 7 6 4 0 , 1 7 9 6 8 4 6 a n d 1 8 1 4 1 6 3 Va c a t e d M a r e n L a n e WISCONSIN AVENUE NGOLDEN V A L L E Y D R I V E GOLDEN VALLEY ROAD MINNESOTA CERTIFICATION I hereby certify that this survey, plan or report was prepared by me or under my direct supervision and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Dated this 11th day of May, 2023 ______________________________________________ Rory L. Synstelien Minnesota License No. 44565 Project No. 22287 SHEET 1 OF 1 CivilSiteGroup.com DESCRIPTION The drainage and utility easement within Lot 1, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, as retained in Vacated Maren Lane and described in Document No's 1777640, 1796846 and 1814163, filed in the office of the Registrar of Titles, Hennepin County, Minnesota. Said easement is in the favor of the City of Golden Valley. Drawn By: Craig J. N SCALE IN FEET 0 80 160 119 RESOLUTION NO. 23-052 RESOLUTION VACATING UTILITY EASEMENT ALONG GOLDEN VALLEY ROAD (VERMONT AVENUE) WHEREAS, The Sentinel development project will require a new plat to be recorded in the southeast corner of the Golden Valley Road and Wisconsin Avenue ; WHEREAS, the existing utility easement along Golden Valley Road (Vermont Avenue) is no longer required upon approval of the final plat for the Sentinel development; WHEREAS, a public hearing to consider the vacation of such easement was held on June 20, 2023 before the City Council in the City Hall located at 7800 Golden Valley Road, Golden Valley, MN at 6:30 p.m. after due published and posted notice had been given, as well as notice to all affected property owners. All interested and affected persons were given an opportunity to voice their concerns and be heard. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that: 1. The vacation is hereby granted and the easement described as follows is hereby vacated: The utility easement within Lot 1, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, as retained in Vacated Vermont Avenue and described in Document No.'s 1317141 and 1320097, filed in the office of the Registrar of Titles, Hennepin County, Minnesota. Adopted by the City Council of Golden Valley, Minnesota this 20 th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 120 Utility Easement Retained PerDoc. No's. 1317141 & 1320097Vacated Vermont AvenueWISCONSIN AVENUE NGOLDEN V A L L E Y D R I V E GOLDEN VALLEY ROAD MINNESOTA CERTIFICATION I hereby certify that this survey, plan or report was prepared by me or under my direct supervision and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Dated this 11th day of May, 2023 ______________________________________________ Rory L. Synstelien Minnesota License No. 44565 Project No. 22287 SHEET 1 OF 1 CivilSiteGroup.com DESCRIPTION The utility easement within Lot 1, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, as retained in Vacated Vermont Avenue and described in Document No.'s 1317141 and 1320097, filed in the office of the Registrar of Titles, Hennepin County, Minnesota. Said easement is in favor of the City of Golden Valley. Drawn By: Craig J. N SCALE IN FEET 0 80 160 121 RESOLUTION NO. 23-053 RESOLUTION VACATING PLATTED DRAINAGE AND UTILITY EASEMENT VALLEY SQUARE 3rd ADDITION (LOTS 1 & 2, BLOCK 2) WHEREAS, The Sentinel development project will require a new plat to be recorded in the southeast corner of the Golden Valley Road and Wisconsin Avenue ; WHEREAS, the existing platted drainage and utility easement associated with the Valley Square 3rd Addition is no longer required upon approval of the plat for the Sentinel development; WHEREAS, a public hearing to consider the vacation of such easement was held on June 20, 2023 before the City Council in the City Hall located at 7800 Golden Valley Road, Golden Valley, MN at 6:30 p.m. after due published and posted notice had been given, as well as notice to all affected property owners. All interested and affected persons were given an opportunity to voice their concerns and be heard. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that: 1. The vacation is hereby granted and the easement described as follows is hereby vacated: All dedicated drainage and utility easements within Lots 1 and 2, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota. Adopted by the City Council of Golden Valley, Minnesota this 20 th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 122 Utility & DrainageEasement Per PlatUtility & Drainage Easement Per Plat Utility & DrainageEasement Per PlatUtility & Drain a g e Easement Per P l a t Utili t y & D r a i n a g e Eas e m e n t P e r P l a t Utility & DrainageEasement Per PlatUt i l i ty & Dra inageEasement Per P latWISCONSIN AVENUE NGOLDEN V A L L E Y D R I V E GOLDEN VALLEY ROAD MINNESOTA CERTIFICATION I hereby certify that this survey, plan or report was prepared by me or under my direct supervision and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Dated this 11th day of May, 2023 ______________________________________________ Rory L. Synstelien Minnesota License No. 44565 Project No. 22287 SHEET 1 OF 1 5000 GLENWOOD AVENUE GOLDEN VALLEY, MN 55422 CivilSiteGroup.com DESCRIPTION All dedicated drainage and utility easements within Lots 1 and 2, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota. Said Easements are dedicated to the Public. Drawn By: Craig J. N SCALE IN FEET 0 80 160 123 RESOLUTION NO. 23-054 RESOLUTION VACATING SANITARY SEWER EASEMENT THROUGH SOUTHWEST CORNER OF 8240 GOLDEN VALLEY ROAD WHEREAS, The Sentinel development project will require a new plat to be recorded in the southeast corner of the Golden Valley Road and Wisconsin Avenue ; WHEREAS, the existing sanitary sewer easement in this area is no longer required upon approval of the final plat for the Sentinel development; WHEREAS, a public hearing to consider the vacation of such easement was held on June 20, 2023 before the City Council in the City Hall located at 7800 Golden Valley Road, Golden Valley, MN at 6:30 p.m. after due published and posted notice had been given, as well as notice to all affected property owners. All interested and affected persons were given an opportunity to voice their concerns and be heard. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that: 1. The vacation is hereby granted and the easement described as follows is hereby vacated: The sanitary sewer easement within Lot 2, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, as described in Document No. 5423168, filed in the office of the County Recorder, Hennepin County, Minnesota Adopted by the City Council of Golden Valley, Minnesota this 20th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 124 San. Sewer Easement per Doc. No. 5423168WISCONSIN AVENUE NGOLDEN V A L L E Y D R I V E GOLDEN VALLEY ROAD MINNESOTA CERTIFICATION I hereby certify that this survey, plan or report was prepared by me or under my direct supervision and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Dated this 11th day of May, 2023 ______________________________________________ Rory L. Synstelien Minnesota License No. 44565 Project No. 22287 SHEET 1 OF 1 CivilSiteGroup.com DESCRIPTION The sanitary sewer easement within Lot 2, Block 2, VALLEY SQUARE 3RD ADDITION, according to the recorded plat thereof, Hennepin County, Minnesota, as described in Document No. 5423168, filed in the office of the County Recorder, Hennepin County, Minnesota. Said easement is in the favor of the City of Golden Valley. Drawn By: Craig J. N SCALE IN FEET 0 80 160 125 RESOLUTION NO. 23-055 RESOLUTION VACATING RIGHT OF WAY ALONG GOLDEN VALLEY DRIVE WHEREAS, The Sentinel development project will require a new plat to be recorded in the southeast corner of the Golden Valley Road and Wisconsin Avenue ; WHEREAS, the existing right of way along Golden Valley Drive will shift with final plat for the Sentinel development; WHEREAS, portions of the existing Golden Valley Drive right of way can be vacated with as part of the new platting process; WHEREAS, a public hearing to consider the vacation of such easement was held on June 20, 2023 before the City Council in the City Hall located at 7800 Golden Valley Road, Golden Valley, MN at 6:30 p.m. after due published and posted notice had been given, as well as notice to all affected property owners. All interested and affected persons were given an opportunity to voice their concerns and be heard. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that: 1. The vacation is hereby granted and the easement described as follows is hereby vacated: A portion of Golden Valley Drive as originally dedicated on the plat of VALLEY SQUARE 3RD ADDITION, Hennepin County, Minnesota, which lies southerly of the southeasterly line of Block 2, said plat of VALLEY SQUARE 3RD ADDITION and lies to the left of the following described line: Commencing at the southwest corner of said Block 2, VALLEY SQUARE 3RD ADDITION; thence northeasterly along the southeasterly line of said Block 2 for 10.56 feet along a non- tangential curve concave to the northwest, said curve having a radius of 921.93 feet, a central angle of 00 degrees 39 minutes 22 seconds, a chord bearing of North 71 degrees 12 minutes 37 seconds East, and a chord distance of 10.56 feet to the point of beginning of the line to be described; thence South 00 degrees 07 minutes 16 seconds East for 11.62 feet; thence North 70 degrees 30 minutes 30 seconds East for 79.24 feet; thence northeasterly along a non-tangential curve concave to the southeast for 13.25 feet, said curve having a radius of 42.17 feet, a central angle of 17 degrees 59 minutes 59 seconds, a chord bearing of North 14 degrees 00 minutes 15 seconds East, and a chord distance of 13.19 feet to said southeasterly line of Block 2; thence North 70 degrees 27 minutes 47 seconds East along said southeasterly line of Block 2 for 41.88 feet; thence continue northeasterly along said southeasterly line of Block 2 along a tangential curve concave to the southeast for 21.18 feet, said curve having a radius of 987.93 feet, and a central angle of 01 degree 13 minutes 42 seconds; thence southeasterly along a non-tangential curve concave to the northeast for 4.41 feet, said curve having a radius of 15.40 feet, a central angle of 16 degrees 24 minutes 58 seconds, a chord bearing of South 86 degrees 47 minutes 12 seconds East, and a chord distance of 4.40 feet; thence North 85 degrees 00 minutes 19 seconds East for 34.71 feet; thence northeasterly along a tangential curve 126 concave to the northwest for 15.32 feet, said curve having a radius of 78.00 feet, and a central angle of 11 degrees 15 minutes 12 seconds; thence North 73 degrees 45 minutes 07 seconds East for 34.38 feet; thence northeasterly along a tangential curve concave to the southeast for 53.56 feet, said curve having a radius of 1000.00 feet, a central angle of 03 degrees 04 minutes 08 seconds; thence North 76 degrees 49 minutes 15 seconds East for 100.82 feet, thence northeasterly along a tangential curve concave to the northwest for 53.47 feet, said curve having a radius of 139.84 feet, and a central angle of 21 degrees 54 minutes 29 seconds; thence northerly along a non-tangential curve concave to the west for 21.74 feet, said curve having a radius of 12.60 feet, a central angle of 98 degrees 50 minutes 55 seconds, a chord bearing of North 14 degrees 06 minutes 47 seconds East, and a chord distance of 19.14 feet; thence northwesterly along a tangential curve concave to the northeast for 2.77 feet, said curve having a radius of 278.22 feet, and a central angle of 00 degrees 34 minutes 17 seconds to said southeasterly line of Block 2 and said line there terminating. Adopted by the City Council of Golden Valley, Minnesota this 20 th day of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 127 WISCONSIN AVENUE NGOLDEN V A L L E Y D R I V E GOLDEN VALLEY ROADSouthea s t e r l y L i n e o f B l o c k 2 VALLEY S Q U A R E 3 R D A D D I T I O N Southe a s t e r l y L i n e o f B l o c k 2 VALLEY S Q U A R E 3 R D A D D I T I O N Southwest Corner of Block 2VALLEY SQUARE 3RD ADDITIONP.O.B. TO BE V A C A T E D G O L D E N V A L L E Y D R I V E TO BE VA C A T E D G O L D E N V A L L E Y D R I V E Southea s t e r l y L i n e o f B l o c k 2 VALLEY S Q U A R E 3 R D A D D I T I O N Describe d L i n e C=10. 5 6 CB=N7 1 ° 1 2 ' 3 7 " E R=921 . 9 3 Δ=0°3 9 ' 2 2 " 10.56 11.62 S00°07'16"E 79.24 N70°3 0 ' 3 0 " E C=13.19CB=N14°00'15"ER=42.17Δ=17°59'59"13.2541.88 N70°2 7 ' 4 7 " E 21.18 Δ=1°1 3 ' 4 2 " R=987 . 9 3 C=4.40 CB=S86°47'12"E R=15.40 Δ=16°24'58" 4.41 34.71 N85°00'19"E 15.32 Δ=11°15'1 2 " R=78.00 34.38 N73°45 ' 0 7 " E 53.56 Δ=3°04 ' 0 8 " R=1000 . 0 0 N76°49'1 5 " E 1 0 0 . 8 2 53.47 Δ=21 ° 5 4' 2 9 " R=13 9 . 8 4 C=19.14CB=N14°06'47"ER=12.60Δ=98°50'55"21.742.77Δ=0°34 '17 "R=278.22 MINNESOTA CERTIFICATION I hereby certify that this survey, plan or report was prepared by me or under my direct supervision and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Dated this 24th day of May, 2023 ______________________________________________ Rory L. Synstelien Minnesota License No. 44565 Project No. 22287 SHEET 1 OF 1 CivilSiteGroup.com DESCRIPTION A portion of Golden Valley Drive as originally dedicated on the plat of VALLEY SQUARE 3RD ADDITION, Hennepin County, Minnesota, which lies southerly of the southeasterly line of Block 2, said plat of VALLEY SQUARE 3RD ADDITION and lies to the left of the following described line: Commencing at the southwest corner of said Block 2, VALLEY SQUARE 3RD ADDITION; thence northeasterly along the southeasterly line of said Block 2 for 10.56 feet along a non-tangential curve concave to the northwest, said curve having a radius of 921.93 feet, a central angle of 00 degrees 39 minutes 22 seconds, a chord bearing of North 71 degrees 12 minutes 37 seconds East, and a chord distance of 10.56 feet to the point of beginning of the line to be described; thence South 00 degrees 07 minutes 16 seconds East for 11.62 feet; thence North 70 degrees 30 minutes 30 seconds East for 79.24 feet; thence northeasterly along a non-tangential curve concave to the southeast for 13.25 feet, said curve having a radius of 42.17 feet, a central angle of 17 degrees 59 minutes 59 seconds, a chord bearing of North 14 degrees 00 minutes 15 seconds East, and a chord distance of 13.19 feet to said southeasterly line of Block 2; thence North 70 degrees 27 minutes 47 seconds East along said southeasterly line of Block 2 for 41.88 feet; thence continue northeasterly along said southeasterly line of Block 2 along a tangential curve concave to the southeast for 21.18 feet, said curve having a radius of 987.93 feet, and a central angle of 01 degree 13 minutes 42 seconds; thence southeasterly along a non-tangential curve concave to the northeast for 4.41 feet, said curve having a radius of 15.40 feet, a central angle of 16 degrees 24 minutes 58 seconds, a chord bearing of South 86 degrees 47 minutes 12 seconds East, and a chord distance of 4.40 feet; thence North 85 degrees 00 minutes 19 seconds East for 34.71 feet; thence northeasterly along a tangential curve concave to the northwest for 15.32 feet, said curve having a radius of 78.00 feet, and a central angle of 11 degrees 15 minutes 12 seconds; thence North 73 degrees 45 minutes 07 seconds East for 34.38 feet; thence northeasterly along a tangential curve concave to the southeast for 53.56 feet, said curve having a radius of 1000.00 feet, a central angle of 03 degrees 04 minutes 08 seconds; thence North 76 degrees 49 minutes 15 seconds East for 100.82 feet, thence northeasterly along a tangential curve concave to the northwest for 53.47 feet, said curve having a radius of 139.84 feet, and a central angle of 21 degrees 54 minutes 29 seconds; thence northerly along a non-tangential curve concave to the west for 21.74 feet, said curve having a radius of 12.60 feet, a central angle of 98 degrees 50 minutes 55 seconds, a chord bearing of North 14 degrees 06 minutes 47 seconds East, and a chord distance of 19.14 feet; thence northwesterly along a tangential curve concave to the northeast for 2.77 feet, said curve having a radius of 278.22 feet, and a central angle of 00 degrees 34 minutes 17 seconds to said southeasterly line of Block 2 and said line there terminating. Drawn By: Craig J. N SCALE IN FEET 0 80 160 128 EXECUTIVE SUMMARY Community Development 763-512-2345 / 763-512-2344 (fax) Golden Valley City Council Meeting June 20, 2023 Agenda Item 6A. Adopt Resolution No. 23-056 Approving Final Plat for Sentinel GV Prepared By Jason Zimmerman, Planning Manager Summary At the March 21, 2023, City Council meeting, the Council held a public hearing to consider the preliminary plat for the proposed project located at 8200 Golden Valley Road and 8240 Golden Valley Drive. The preliminary plat was submitted by Sentinel Management Company, now doing business moving forward as 640 Golden Valley, LLC. The Council approved the preliminary plat and the final plat has now been prepared for consideration. City staff have reviewed the document and find it to be consistent with the approved preliminary plat and the requirements of the City Code. Legal Considerations Following approval of a preliminary plat, the Council shall grant approval of the final plat, refer the final plat to the Planning Commission for additional study, or disapprove the final plat stating the reasons for such action. Action to approve the plat shall be by resolution of the Council and shall be taken if the applicant has complied with all the conditions, requirements, and provisions of City Code. Equity Considerations None. Recommended Action Motion to adopt Resolution 23-056, Approval of Plat for Sentinel GV. Supporting Documents SENTINEL GV - FINAL PLAT - 6-13-2023 Resolution No. 23-056 - Approval of Plat - Sentinel GV 129 WISCONSIN AVENUE NGOLDEN VALLEY DRIVEGOLDENS89°52'44"W 190.00S00°07'16"E 485.40 15.71Δ=90°00'00"R=10.00 301.59Δ=90°00'00"R=192.00150.85Δ=31°38'06"R=273.2215.45Δ=35°24'14"R=25.0010.56Δ=0°39'22"R=921.93CB=N71°12'37"EC=10.56N00°07'16"W 268.00 N89°50'59"E 104.18S00°09'01"E 155.69S16°48'24"E49.81BLOCK 1LOT 1LOT 2VALLEYROADDrainage & Utility Easement Drainage & Utility EasementDrainage & Utility EasementDrainage & Utility EasementDrainage & Utility EasementDrainage & Utility EasementSoutheasterly line of Block 2VALLEY SQUARE 3RD ADDITIONSoutheasterly line of Block 2VALLEY SQUARE 3RD ADDITIONSoutheasterly line of Block 2VALLEY SQUARE 3RD ADDITIONSouthwest corner of Block 2VALLEY SQUARE 3RD ADDITIONFound 1/2 Inch Iron Pipe withCap No. 9066P.O.B.Width VariesWidth VariesSouth line of the SE 1/4 of the NE 1/4of Sec. 31, Twp. 118, Rng. 21West line of the SE 1/4 of the NE 1/4of Sec. 31, Twp. 118, Rng. 21 East Line of the West 355 Feet of the SE 1/4 of the NE 1/4 of Sec. 31, Twp. 118, Rng. 21 North Line of the South 216.4Feet of the SE 1/4 of the NE 1/4of Sec. 31, Twp. 118, Rng. 21Portion of Lot 1, Block 1,VALLEY SQUARE 3RD ADDITION,Embraced within Lot 7, OLSEN MANORS00°07'16"E 487.02 Found 1/2 Inch Iron PipeWith Illegible Cap Found 1/2 Inch Iron PipeWith Illegible CapWest Line of Block 2, VALLEY SQUARE 3RD ADDITION Vacated per Doc. No._________________11.62S00°07'16"EN70°30'30"E 79.24C=13.19CB=N14°00'15"ER=42.17Δ=17°59'59"13.25 41.88N70°27'47"EC=21.18CB=N71°04'38"ER=987.93Δ=1°13'42"21.18C=4.40CB=S86°47'12"ER=15.40Δ=16°24'58"4.4134.71N85°00'19"E15.32Δ=11°15'12"R=78.0034.38N73°45'07"E53.56Δ=3°04'08"R=1000.00N76°49'15"E 100.8253.47Δ=21°54'29"R=139.84C=1 9 . 1 4 CB= N 1 4 ° 0 6 ' 4 7 " E R=1 2 . 6 0 Δ=9 8 ° 5 0 ' 5 5 " 21.7 4 64.27Δ=87°19'38"R=42.17 16.21Δ=22°01'08"R=42.177.89Δ=29°20'43"R=15.40168.10Δ=34°37'08"R=278.222.77Δ=0°34'17"R=278.22Drainage & Utility Easement SENTINEL GVNBearings are based on the west line of Block 2, VALLEY SQUARE 3RD ADDITION,having an assumed bearing of S 00°07'16" EFound Iron Monument (see map for type)1/2 inch by 14 inch Iron Rebar Set Marked "RLS 44565"60153001530SCALE IN FEETC.R. DOC. NOR.T. DOC. NOKNOW ALL PERSONS BY THESE PRESENTS: That 640 Golden Valley, LLC, aMinnesota limited liability company, fee owner of the following described property:Lot 1, Block 2, VALLEY SQUARE 3RD ADDITION, Hennepin County, Minnesota.The Torrens portion described as:Lot 1, Block 2, VALLEY SQUARE 3RD ADDITION, except that part thereoflying East of the West 355 feet of the Southeast Quarter of the Northeast Quarter of Section 31, Township 118, Range 21. HennepinCounty, Minnesota.ANDThat part of Lot1, Block 2, VALLEY SQUARE 3RD ADDITION, which liesEast of the West 355 feet of the Southeast Quarter of the of the Northeast Quarter of Section 31, Township 118, Range 21, and which liesNorth of the South 216.4 feet of said Quarter Quarter, except that partthereof embraced within Lot 7, OLSEN MANOR. Hennepin County, Minnesota.ANDLot 2, Block 2, VALLEY SQUARE 3RD ADDITION, Hennepin County, Minnesota.ANDA vacated portion of Golden Valley Drive as originally dedicated on the platof VALLEY SQUARE 3RD ADDITION, Hennepin County, Minnesota, which liessoutherly of the southeasterly line of Block 2, said plat of VALLEY SQUARE3RD ADDITION and lies to the left of the following described line:Commencing at the southwest corner of said Block 2, VALLEY SQUARE3RD ADDITION; thence northeasterly along the southeasterly line of said Block 2 for 10.56 feet along a non-tangential curve concave to thenorthwest, said curve having a radius of 921.93 feet, a central angle of00 degrees 39 minutes 22 seconds, a chord bearing of North 71 degrees 12 minutes 37 seconds East, and a chord distance of 10.56 feet to the point of beginning of the line to be described; thence South00 degrees 07 minutes 16 seconds East for 11.62 feet; thence North70 degrees 30 minutes 30 seconds East for 79.24 feet; thence northeasterly along a non-tangential curve concave to the southeastfor 13.25 feet, said curve having a radius of 42.17 feet, a central angleof 17 degrees 59 minutes 59 seconds, a chord bearing of North 14 degrees 00 minutes 15 seconds East, and a chord distance of 13.19 feet to said southeasterly line of Block 2; thence North 70 degrees 27minutes 47 seconds East along said southeasterly line of Block 2 for 41.88 feet; thence continue northeasterly along said southeasterly lineof Block 2 along a tangential curve concave to the southeast for 21.18feet, said curve having a radius of 987.93 feet, and a central angle of01 degree 13 minutes 42 seconds; thence southeasterly along a non-tangential curve concave to the northeast for 4.41 feet, said curve having a radius of 15.40 feet, a central angle of 16 degrees 24minutes 58 seconds, a chord bearing of South 86 degrees 47 minutes12 seconds East, and a chord distance of 4.40 feet; thence North 85 degrees 00 minutes 19 seconds East for 34.71 feet; thence northeasterly along a tangential curve concave to the northwest for 15.32 feet, said curve having a radius of 78.00 feet, and a central angle of 11 degrees 15 minutes 12 seconds; thence North 73 degrees45 minutes 07 seconds East for 34.38 feet; thence northeasterly alonga tangential curve concave to the southeast for 53.56 feet, said curvehaving a radius of 1000.00 feet, a central angle of 03 degrees 04 minutes 08 seconds; thence North 76 degrees 49 minutes 15 secondsEast for 100.82 feet, thence northeasterly along a tangential curve concave to the northwest for 53.47 feet, said curve having a radius of139.84 feet, and a central angle of 21 degrees 54 minutes 29 seconds;thence northerly along a non-tangential curve concave to the west for21.74 feet, said curve having a radius of 12.60 feet, a central angle of 98degrees 50 minutes 55 seconds, a chord bearing of North 14 degrees 06minutes 47 seconds East, and a chord distance of 19.14 feet; thencenorthwesterly along a tangential curve concave to the northeast for 2.77feet, said curve having a radius of 278.22 feet, and a central angle of 00degrees 34 minutes 17 seconds to said southeasterly line of Block 2 andsaid line there terminating.Has caused the same to be surveyed and platted as SENTINEL GV and does herebydedicate to the public for public use the public ways and the drainage and utilityeasements as created by this plat.In witness whereof said 640 Golden Valley, LLC, a Minnesota limited liabilitycompany, has caused these presents to be signed by its proper officerthis day of , 20.SIGNED: 640 Golden Valley, LLCBy:Its:STATE OF ,COUNTY OF This instrument was acknowledged before me this day of , 20,by , its of 640 Golden Valley, LLC, a Minnesota limited liability company, on behalf of thecompany. Notary Public, Signature Notary Public, Printed NameMy Commission Expires:Notary Public County,SURVEYORS CERTIFICATEI Rory L. Synstelien do hereby certify that this plat was prepared by me or under mydirect supervision; that I am a duly Licensed Land Surveyor in the State ofMinnesota; that this plat is a correct representation of the boundary survey; that allmathematical data and labels are correctly designated on this plat; that allmonuments depicted on this plat have been or will be set within one year; that allwater boundaries and wet lands, as defined in Minnesota Statutes, Section 505.01,Subd. 3, as of the date of this certificate are shown and labeled on this plat; and allpublic ways are shown and labeled on this plat.Dated this day of , 20.Rory L. Synstelien, Licensed Land SurveyorMinnesota License No. 44565STATE OF MINNESOTA, COUNTY OF __________________This instrument was acknowledged before me thisday of, 20,by Rory L. Synstelien. Notary Public, Signature Notary Public, Printed NameMy Commission Expires:Notary Public County,GOLDEN VALLEY, MINNESOTAThis plat of SENTINEL GV was approved and accepted by theCity Council of Golden Valley, Minnesota at a regular meeting thereof heldthis day of , 20, and said plat is incompliance with the provisions of Minnesota Statutes, Section 505.03, Subd. 2.City Council, City of Golden Valley, MinnesotaBy:, MayorBy:, City ManagerRESIDENT AND REAL ESTATE SERVICES, Hennepin County, MinnesotaI hereby certify that taxes payable in 20 and prioryears have been paid for land described on this plat, datedthis day of , 20.Daniel Rogan, County AuditorBy:, DeputySURVEY DIVISION, Hennepin County, MinnesotaPursuant to Minnesota Statutes Section 383B.565 (1969), this plat has beenapproved this day of , 20.Chris F. Mavis, County SurveyorBy:COUNTY RECORDER, Hennepin County, MinnesotaI hereby certify that the within plat of SENTINEL GV was recorded in this officethis day of , 20,at O'Clock M.Amber Bougie, County RecorderBy:, DeputyREGISTRAR OF TITLES, Hennepin County, MinnesotaI hereby certify that the within plat of SENTINEL GV was filed in this officethis day of , 20,at O'Clock M.Amber Bougie, Registrar of TitlesBy:, Deputy130 RESOLUTION NO. 23-056 RESOLUTION FOR APPROVAL OF PLAT SENTINEL GV WHEREAS, the City Council for the City of Golden Valley, pursuant to due notice, has heretofore conducted a public hearing on the proposed plat to be known as SENTINEL GV covering the following described tracts of land: Lots 1 and 2, Block 1, SENTINEL GV, Hennepin County, Minnesota WHEREAS, all persons present were given the opportunity to be heard. NOW, THEREFORE, BE IT RESOLVED, by the City Council for the City of Golden Valley, that said proposed plat be, and the same hereby is, accepted and approved, and the proper officers of the City are hereby authorized and instructed to sign the original of said plat and to do all other things necessary and proper in the premises. Adopted by the City Council this 20thday of June, 2023. _____________________________ Shepard M. Harris, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk 131 Review of Council Calendar Event Event Time Location JUNE Wednesday, June 21 Public Safety Open House 5:00 PM - 8:00 PM Fire Station 1 7800 Golden Valley Rd Thursday, June 22 Golden Valley Business Council Meeting 8:30 AM - 9:30 AM Hybrid Brookview - Valley View Room Sunday, June 25 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus JULY Sunday, July 2 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus Tuesday, July 4 City Offices Closed for Observance of Independence Day Wednesday, July 5 Special City Council Meeting (Commissioner Interviews) (tentative)TBD Hybrid - Council Conference Room Special HRA Meeting 6:30 PM Hybrid - Council Chambers City Council Meeting 6:30 PM Hybrid - Council Chambers Sunday, July 9 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus Monday, July 10 Ice Cream Social 7:00 PM - 8:00 PM Brookview Park Tuesday, July 11 Special City Council Meeting (Commissioner Interviews) (tentative)TBD Hybrid - Council Conference Room Council Work Session 6:30 PM Hybrid - Council Conference Room Sunday, July 16 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus Tuesday, July 18 Special City Council Meeting (Commissioner Interviews) (tentative)TBD Hybrid - Council Conference Room City Council Meeting 6:30 PM Hybrid - Council Chambers Sunday, July 23 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus Thursday, July 27 Golden Valley Business Council Meeting 8:30 AM - 9:30 AM Hybrid Brookview - Valley View Room Grand Opening of Old National Bank at 10 West 3:00 PM 10 West End, 1601 Utica Ave S Friday, July 28 Penny Carnival 12:30 PM - 2:00 PM Brookview Park Sunday, July 30 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus AUGUST Tuesday, August 1 National Night Out 6:00 PM - 9:00 PM Various Locations/In-Person Wednesday, August 2 City Council Meeting 6:30 PM Hybrid - Council Chambers Sunday, August 6 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus Wednesday, August 8 HRA Work Session 6:30 PM Hybrid - Council Conference Room Council Work Session 6:30 PM Hybrid - Council Conference Room Sunday, August 13 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus Tuesday, August 15 City Council Meeting 6:30 PM Hybrid - Council Chambers Sunday, August 20 Market in the Valley 9:00 AM - 1:00 PM City Hall Campus 132